onto 45. Bill borrowed PHP 10,000 from Mr. Will on July 11, 2018 and promised to pay it by December 21, 2018. How much should Bill pay Mr. Will, if the rate of simple interest is 15%. Consider Ordinary Simple Interest. a. PHP 9,621.19 c. PHP 11,679.17 b. PHP 10,679.17 d. PHP 10,621.19 46. A certain construction company wants to replace an equipment, 5 years from now and it will cost PHP 550,000,000. The equipment can be sold for PHP 5,000,000. To do this, the company invests PHP 100,000,000 now and PHP 25,000,000 next year. What amount is needed 5 years from now to buy this, if the interest is 8% compounded quarterly. a. PHP 392,189,210 127, 25 c. PHP 421,929,000 d. PHP 491,791,000 b. PHP 561,846,120 47. A sum of 300,000 is deposited in the bank now. After 10 years, 100,000 is withdrawn from the fund. What will be the withdrawal amount for the next 10 years? Money is worth 8% compounded annually. a. 1,182,394.65 b. 2,185,654.92 c. 983,168.47 d. 1,216,918.32 7-22.00 48. Stark Industries, wants to set up a trust fund for its new research facility, earning 12% compounded monthly. 10 million for its annual operating cost. How much should Mr. Bean invest now?
onto 45. Bill borrowed PHP 10,000 from Mr. Will on July 11, 2018 and promised to pay it by December 21, 2018. How much should Bill pay Mr. Will, if the rate of simple interest is 15%. Consider Ordinary Simple Interest. a. PHP 9,621.19 c. PHP 11,679.17 b. PHP 10,679.17 d. PHP 10,621.19 46. A certain construction company wants to replace an equipment, 5 years from now and it will cost PHP 550,000,000. The equipment can be sold for PHP 5,000,000. To do this, the company invests PHP 100,000,000 now and PHP 25,000,000 next year. What amount is needed 5 years from now to buy this, if the interest is 8% compounded quarterly. a. PHP 392,189,210 127, 25 c. PHP 421,929,000 d. PHP 491,791,000 b. PHP 561,846,120 47. A sum of 300,000 is deposited in the bank now. After 10 years, 100,000 is withdrawn from the fund. What will be the withdrawal amount for the next 10 years? Money is worth 8% compounded annually. a. 1,182,394.65 b. 2,185,654.92 c. 983,168.47 d. 1,216,918.32 7-22.00 48. Stark Industries, wants to set up a trust fund for its new research facility, earning 12% compounded monthly. 10 million for its annual operating cost. How much should Mr. Bean invest now?
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
Related questions
Question
Transcribed Image Text:45. Bill borrowed PHP 10,000 from Mr. Will on July 11, 2018 and promised to pay it by
December 21, 2018. How much should Bill pay Mr. Will, if the rate of simple interest is
15%. Consider Ordinary Simple Interest.
a. PHP 9,621.19
b. PHP 10,679.17
46. A certain construction company wants to replace an equipment, 5 years from now
and it will cost PHP 550,000,000. The equipment can be sold for PHP 5,000,000. To do
this, the company invests PHP 100,000,000 now and PHP 25,000,000 next year. What
amount is needed 5 years from now to buy this, if the interest is 8% compounded
quarterly.
c.
PHP 11,679.17
i nsibi
d. PHP 10,621.19
(25.2.02A
a. PHP 392,189,210
c.
PHP 421,929,000
b. PHP 561,846,120
d.
PHP 491,791,000
atmoq silf to VIL
47. A sum of 300,000 is deposited in the bank now. After 10 years, 100,000 is withdrawn
from the fund. What will be the withdrawal amount for the next 10 years? Money is worth
8% compounded annually.
Saholisups
a. 1,182,394.65
b. 2,185,654.92
c. 983,168.47
d. 1,216,918.32
37.22.pd
48. Stark Industries, wants to set up a trust fund for its new research facility, earning
12% compounded monthly. 10 million for its annual operating cost. How much should
Mr. Bean invest now?
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