Engr. Armando lends P5,000 at 6% simple interest for 4 years. At the end of this time, he invests the entire amount (principal plus interest) at 5% compounded annually for 12 years. How much will he have at the end of the 16 years period? O P 12134.31 O P 14134.31 O P11134.31 O P 13134.31

Q: A person donated OMR 6420 to a college with the provision that a scholarship is paid at the end of…

A: When the interest is compounded, then the formula used is A=P1+rnnt , where, A is the final amount,…

Q: Mr. A borrows P 12,000.00 with interest at 6% for two years from Mr. B. What should Mr. B accept in…

A:

Q: Find the principal amount for the rare of interest 10% p.a.time 3 years and compound interest earned…

A:

Q: An item will need replacing in 6 years from now at a cost of P128,000.00. How much should the owner…

A:

Q: Leon invests a that offers 1.2 half-yearly. IC €6762.56. Cale his investmen

A: In this question, the concept of Compound Interest is applied. Compound Interest Compound interest…

Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

A:

Q: Find ordinary and exact interest on P10 800 for five days at 8% simple interest

A: We need to find Ordinary and exact interest rate. We have given that , P = 10800 r = 8 % = 8100 =…

Q: At the time of her grandson birthday a grandmother deposits 10000$ in an account that pays 2.5%…

A:

Q: If P100,000 is deposited in an account paying 5% compounded quarterly, how much is in the account at…

A:

Q: Marisa wishes to accumulate 20,000 by means of monthly deposits of 800 into a fund at the end of…

A: Here payments are done more frequently than the frequency of compounding so we need to first…

Q: 4. Maryam has $6800 in a daily-interest savings account. The account pays an annual interest rate of…

A:

Q: Toby Martin invests $ 2500.00 at the end of each year for 8 years at 12% interest compounded…

A: GIVEN INFORMATION principal = $ 2500. 00  time 8 years  rate 12 % compounded semiannually  number of…

Q: Engr. Velasco decided to subscribe in a globe promo which must be paid P 4,278 per month for five…

A: Engr. Velasco decided to subscribe in a globe promo which must be paid 4,278 per month for five…

Q: The account in the Indian bank pays a nominal annual interest rate of 5.2 % compounded monthly.…

A: Since you have not provided the amount of investment  in the question. So, we are considering it as…

Q: 1 Oswald and Martha both have €5000 to invest. Oswald invests his money in a bank that offers to pay…

A:

Q: P1,420 is invested in an account which earns 8% interest compounded annually, which will be the…

A: We have to find the balance at the end of 17 years.

Q: You borrow Ksh 1.2million to buy a new car. The lender charges 5% p.a. compounded at the end of each…

A: Given: Principal amount P = 1,200,000 Interest i = 5% p.a Loan period n = 5 years

Q: accumulate 70,000 for 2 years and 9 months at 2 3/4% simple interest

A:

Q: I will invest P15,000 per quarter for my retirement at 7.3% compounding quarterly for 10 years. I…

A: Here,  Pmt=15,000r=7.3%n=4t=10

Q: 85,000 is deposited in a saving account with 6.35% annual interest. When will be the initial sum…

A: To solve this problem, we can use the formula for compound interest:

Q: Mrs. Reyes plans to build a a two - door apartment on her vacant lot. She applied for a loan of…

A: Given Principal amount = 1,750,000 php time = 4 years rate of interest= 10% number of times the…