2. Future Value: FV = PV(1+r)" a) P10,600 invested at 12% compounded semi-annually for 5 years b) Accumulate P13,700 at 12% compounded monthly for 6 years Find the amount and interest of P18,600 invested for 5 years and 6 months at the rate of 18% compounded: c) aa). monthly bb). semi-annually cc). quarterly d) d. Find the amount of 32,100 invested for 4 years and 3 months at 18% compounded: aa). monthly bb). quarterly

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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2. Future Value: FV = PV(1+r)”
a) P10,600 invested at 12% compounded semi-annually for 5 years
b) Accumulate P13,700 at 12% compounded monthly for 6 years
Find the amount and interest of P18,600 invested for 5 years and 6
months at the rate of 18% compounded:
c)
aa). monthly
bb). semi-annually
cc). quarterly
d) d. Find the amount of 32,100 invested for 4 years and 3 months at
18% compounded:
aa). monthly
bb). quarterly
Transcribed Image Text:2. Future Value: FV = PV(1+r)” a) P10,600 invested at 12% compounded semi-annually for 5 years b) Accumulate P13,700 at 12% compounded monthly for 6 years Find the amount and interest of P18,600 invested for 5 years and 6 months at the rate of 18% compounded: c) aa). monthly bb). semi-annually cc). quarterly d) d. Find the amount of 32,100 invested for 4 years and 3 months at 18% compounded: aa). monthly bb). quarterly
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