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4. Compute for the compound amount and compound interest on P1250,00 principal for 3 years at 3.3% compounded quarterly

4. Compute for the compound amount and compound interest on P1250,00 principal for 3 years at 3.3% compounded quarterly

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Find the present value: 1. Php 40,000 due in 2 years at 3% compounded monthly 2. Php 60,000 due in 3 years at 4% compounded quarterly Find the compound amount. 3. Php 75,000 due in 5 years at 5% compounded semi-annually 4. Compute for the compound amount and compound interest on P1250,00 principal for 3 years at 3.3% compounded quarterly 5. Mrs. Menquito borrowed Php 250,000 at 5%. How much interest should she pay in one year.
Transcribed Image Text:Find the present value: 1. Php 40,000 due in 2 years at 3% compounded monthly 2. Php 60,000 due in 3 years at 4% compounded quarterly Find the compound amount. 3. Php 75,000 due in 5 years at 5% compounded semi-annually 4. Compute for the compound amount and compound interest on P1250,00 principal for 3 years at 3.3% compounded quarterly 5. Mrs. Menquito borrowed Php 250,000 at 5%. How much interest should she pay in one year.
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