Rate of interest = 12% a. Php 100 is being invested today .How much must it be after one (1) year, after two (2) years, and Five (5) years? b. How much must be the present value of Php 100 if it is to be received after one (1) year, two (2) years, and five (5) years? c. How much investment must be made if it is desired to have P440,000 after five years. d. If you want to retire twenty years from now with P500,000, how much should be deposited in you time deposit?
Rate of interest = 12% a. Php 100 is being invested today .How much must it be after one (1) year, after two (2) years, and Five (5) years? b. How much must be the present value of Php 100 if it is to be received after one (1) year, two (2) years, and five (5) years? c. How much investment must be made if it is desired to have P440,000 after five years. d. If you want to retire twenty years from now with P500,000, how much should be deposited in you time deposit?
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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Question
Rate of interest = 12%
a. Php 100 is being invested today .How much must it be after one (1)
year, after two (2) years, and Five (5) years?
b. How much must be the
after one (1) year, two (2) years, and five (5) years?
c. How much investment must be made if it is desired to have P440,000
after five years.
d. If you want to retire twenty years from now with P500,000, how much
should be deposited in you time deposit?
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