Activity 1.3 Complete the table below by finding the unknown. Principal Rate Time Interest Maturity Value P45,000 2.5 years 4 years 2% 1.2% P4,560 P105,000 3% P114,450 Guide Questions: For the first set of values a. What unknown variable will you solve first? b. What formula will you use to find the missing values? For the second set of values a. Which among the missing components can be solved using the given? b. How will you solve the next missing component? For the third set of values a. What formula will you use to find the missing value? b. Which component can be solved first using the given?
Activity 1.3 Complete the table below by finding the unknown. Principal Rate Time Interest Maturity Value P45,000 2.5 years 4 years 2% 1.2% P4,560 P105,000 3% P114,450 Guide Questions: For the first set of values a. What unknown variable will you solve first? b. What formula will you use to find the missing values? For the second set of values a. Which among the missing components can be solved using the given? b. How will you solve the next missing component? For the third set of values a. What formula will you use to find the missing value? b. Which component can be solved first using the given?
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:Activity 1.3
Complete the table below by finding the unknown.
Principal
Rate
Time
Interest
Maturity
Value
2.5 years
4 years
P45,000
2%
1.2%
3%
P4,560
P105,000
P114,450
Guide Questions:
For the first set of values
a. What unknown variable will you solve first?
b. What formula will you use to find the missing values?
For the second set of values
a. Which among the missing components can be solved using the given?
b. How will you solve the next missing component?
For the third set of values
a. What formula will you use to find the missing value?
b. Which component can be solved first using the given?
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