I. Complete the Table. Principal Amount or Present Value (P) Php 9 000 Php 4 200 Nominal rate (r) 6% 3.5% 8% Interest Compound Semi- Annually Quarterly Monthly Annually Conversion Period (m) Time 8 years 2 years and 9 months 5 months 6 months Total No. of Compounded Conversion n = (m)(t) Interest (Ic) Php 4 000 Maturity Value or Future Value (F) Php 40 000 Php 38 000
I. Complete the Table. Principal Amount or Present Value (P) Php 9 000 Php 4 200 Nominal rate (r) 6% 3.5% 8% Interest Compound Semi- Annually Quarterly Monthly Annually Conversion Period (m) Time 8 years 2 years and 9 months 5 months 6 months Total No. of Compounded Conversion n = (m)(t) Interest (Ic) Php 4 000 Maturity Value or Future Value (F) Php 40 000 Php 38 000
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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Question
Please answer asap. Complete the table
![I. Complete the Table.
Principal
Amount or
Present
Value
(P)
Php 9 000
Php 4 200
Nominal rate
(r)
6%
3.5%
8%
PRACTICE - COMPOUND INTEREST
Interest
Compound
Semi-
Annually
Quarterly
Monthly
Annually
Solve the following problems
Conversion
Period
(m)
Time
8 years
2 years and
9 months
5 months
6 months
Total No. of Compounded
Conversion
Interest
(Ic)
n = (m)(t)
Php 4 000
Maturity
Value or
Future Value
(F)
Php 40 000
Php 38 000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F53140ade-48f9-4ebf-ac74-0c2fd605e8d2%2F825b90d7-029b-47d2-96af-7f090f837d06%2Fi5lf7zi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:I. Complete the Table.
Principal
Amount or
Present
Value
(P)
Php 9 000
Php 4 200
Nominal rate
(r)
6%
3.5%
8%
PRACTICE - COMPOUND INTEREST
Interest
Compound
Semi-
Annually
Quarterly
Monthly
Annually
Solve the following problems
Conversion
Period
(m)
Time
8 years
2 years and
9 months
5 months
6 months
Total No. of Compounded
Conversion
Interest
(Ic)
n = (m)(t)
Php 4 000
Maturity
Value or
Future Value
(F)
Php 40 000
Php 38 000
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