Р900K P180к P170 РЗОК АA A F (Fig. 1) 0 1 5 7 (Fig. 2) 8 9 10 17 a. Fig. 1 shows Barboncito's periodic deposits and withdrawal up to the 7th month. If the rate of interest is 12% compounded yearly, what will be the Present Worth of his Account Outstanding Balance? b. For Fig. 2, what will the value of A that Baboncito could give, starting the 8th month, to each of the 3 Unvaccinated and Typhoon -hit Areas in Visayas and Mindanao such that his Account Outstanding Balance on the 17th Month would be equal to P150,000.00?
Р900K P180к P170 РЗОК АA A F (Fig. 1) 0 1 5 7 (Fig. 2) 8 9 10 17 a. Fig. 1 shows Barboncito's periodic deposits and withdrawal up to the 7th month. If the rate of interest is 12% compounded yearly, what will be the Present Worth of his Account Outstanding Balance? b. For Fig. 2, what will the value of A that Baboncito could give, starting the 8th month, to each of the 3 Unvaccinated and Typhoon -hit Areas in Visayas and Mindanao such that his Account Outstanding Balance on the 17th Month would be equal to P150,000.00?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The interest rate given is 12% compounded per year, first convert it to interest compounded monthly
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