A man loan an amount of P 100,000_at a commercial bank at 10% compounded_annually. How much is his monthly payment if he required to pay at the beginning of the first day of the month for a period of 30 years? ect one: - 839 ъ 788 > 912 ь 668 O what is the value of the interest rate per period if the value of money doubles in 35 periods. ect one: 1.5% 3% 2 % 2.5% O How many periods are there in one year of an interest rate compounded annually? ect o ne:

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
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9.) A man loan an amount of P 100,000 at a commercial bank at 10% compounded annually.
How much is his monthly payment if he required to pay at the beginning of the first
day of the month for a period of 30 years?
Select one:
а. Р 839
b. P 788
P 912
d. P 668
C.
10.) what is the value of the interest rate per period if the value of money doubles in
35 periods.
Select one:
а. 1.5%
b. 3%
C. 2 %
d. 2.5%
11.) How many periods are there in one year of an interest rate compounded annually?
Select one:
а. 3
b. 2
. 1
d. 0
12.) An equipment can be bought on installment basis with 24 monthly payments of P 3,649,
each payable at the beginning of each period. If interest is 12% compounded monthly,
what is the cash price of the equipment?
Select one:
а. Р 68,400
b. Р 73,800
P 78,300
d. P 64,800|
C.
Transcribed Image Text:9.) A man loan an amount of P 100,000 at a commercial bank at 10% compounded annually. How much is his monthly payment if he required to pay at the beginning of the first day of the month for a period of 30 years? Select one: а. Р 839 b. P 788 P 912 d. P 668 C. 10.) what is the value of the interest rate per period if the value of money doubles in 35 periods. Select one: а. 1.5% b. 3% C. 2 % d. 2.5% 11.) How many periods are there in one year of an interest rate compounded annually? Select one: а. 3 b. 2 . 1 d. 0 12.) An equipment can be bought on installment basis with 24 monthly payments of P 3,649, each payable at the beginning of each period. If interest is 12% compounded monthly, what is the cash price of the equipment? Select one: а. Р 68,400 b. Р 73,800 P 78,300 d. P 64,800| C.
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