5. In an investment, I have a full payback with an amount of P500,000.00 after 20.9123 years. If we initially agreed on an 8% rate of return, compared with the principal, how many times did my investment had after the mentioned period? (ans. 5 times) 6. Consider the data from practice prob. 5, what is the amount of the principal? (ans. P100,000.00)
5. In an investment, I have a full payback with an amount of P500,000.00 after 20.9123 years. If we initially agreed on an 8% rate of return, compared with the principal, how many times did my investment had after the mentioned period? (ans. 5 times) 6. Consider the data from practice prob. 5, what is the amount of the principal? (ans. P100,000.00)
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
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:5. In an investment, I have a full payback with an amount of P500,000.00 after 20.9123 years. If we initially agreed on an 8% rate of return, compared with the
principal, how many times did my investment had after the mentioned period? (ans. 5 times)
6. Consider the data from practice prob. 5, what is the amount of the principal? (ans. P100,000.00)
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