A. Find the unknown principal P. rate r, time t, and compound interest I. by completing the table. Compound Interest (L) Maturity Value (F) Principal (P) Rate () Time (t) 6,000 8% 12 (1) (2) 6 years and 9 months 12,000 5.5% (3) (4) 60,000 9.75% 10 months (5) (6) (7) 1% 6. (8) 25,000 4 years and 6 months (9) 7.5% (10) 400,000
A. Find the unknown principal P. rate r, time t, and compound interest I. by completing the table. Compound Interest (L) Maturity Value (F) Principal (P) Rate () Time (t) 6,000 8% 12 (1) (2) 6 years and 9 months 12,000 5.5% (3) (4) 60,000 9.75% 10 months (5) (6) (7) 1% 6. (8) 25,000 4 years and 6 months (9) 7.5% (10) 400,000
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:17:31 A
al 82%
SlmpleandCompound..
A rights reserved No part of this materiali may be eproduoed or ranamited in any form or by any meana-
eiectronic or mechanical incluting photocopying - without writen permsion hom the DepEs Central Office. Frat Estion, 2016
Lesson 25 Supplementary Exercises
A. Find the unknown principal P, rate r, time t, and compound interest I, by
completing the table.
Rate (r)
Compound
Interest (L)
Maturity
Value (F)
Principal (P)
Time (1)
6,000
8%
12
(1)
(2)
6 years and 9
months
12,000
5.5%
(3)
(4)
60,000
9.75%
10 months
(5)
(6)
(7)
1%
(B)
25,000
4 years and 6
months
(9)
7.5%
(10)
400,000
B. Solve the follwing problems on compound interest.
11. Peter borrowed P100,000 at 8% compounded annually? How much wll
he be paying ater 2 years?
12. A time depasit account in a bank yields 5.5% compound interest annually.
Jennifor invested P450,000 for 4 years in this savings account. How
much interest will she gain?
13. In order to have P250,000 in 5 years, how much should you invest if the
compound interest is 12%?
14. How much money must be invested to obtain an amount of P150,000 in 2
years it money earms at 10.5% compounded annually?
15. What amount must be deposited by a student in a bank that pays 2 %
compounded annually so that alter 12 years he will have P100,000?
For numbers 16 to 18: Nora is thinking of investing an amount of P30,000 for 2 %
years. Find the future value based on the following investments:
16. Simple interest of 8.5%
17. 8.5% compounded annually
18. Which investment is better? Justily your answer.
149
A righes teserved. No part of this materal may be eproducet r transmited in any fom arty any means-
electranic ot mechanical including photocopying - without writhen permission trom the DepEd Central Office. Frat Edtion, 2016
II
Transcribed Image Text:17:30
all 19 al 82%1
SImpleandCompound.
142
All rights reserved. No part of this material may be reproduced or transmitted in any form or by any means -
nic or mechanical includting photocopying-without writtern permission from the DepEd Central Ofice. First Edtie
B. Complete the table by finding the unknown.
Rate (r)
Present Value
Time (t)
Interest (I)
Maturity
Value (F)
(P)
8,000
6 years
1 month
5 years and 3
months
8%
(6)
(7)
6000
5,000
(8)
(9)
(10)
12%
400,000
C. Solve the following problems.
11. Find the simple interest on a loan of P65,000 if the loan is given at a rate of
20% and is due in 3 years.
12. Amparo invested a certain amount at 10% simple interest per year. After 2
years, the interest she received amounted to P3,000. How much did she
invest?
13. Miko borrowed P25,000 at 10% annual simple interest rate. How much
should he pay after 3 years and 6 months?
14. How long will an amount of money triple at a simple interest rate of 1% per
annum?
15. How lang will an amount of P50,000 gain a simple interest of P10,000 at 4%
per annum?
16. At what simple interest rate will an amount of maney gain 50% of the principal
in 4 years?
17. At what simple interest rate per annum will P20,000 accumulate to P25,000 in
3 years?
18. Il you deposit P5,500 in a bank at an annual simple interest rate of 0.5% ,
how much money will you have after 12 years?
19. How much money should you deposit in a bank so that it will accumulate to
P100,000 at 1% simple annual interest for 10 years?
20. How much should you invest at 6% annual interest rate to obtain a simple
interest of P72,000 in 3 years?
II
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