Solve the following problems 1. Accumulate P 8, 400 for 2 years at 7% converted monthly.

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
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Number 1

SKILL BUILDER
Searih Straethgh
2 Export PDI
Solve the following problems
1. Accumulate P 8, 400 for 2 years at 7% converted monthly.
Edit PDF
Create PDA
2. Find the compound amount and interest on P 12, 800 for
Comment
3 years and 4 months at 6%, converted quarterly.
Combine Files
3. Find the compound amount and interest on P1, 500 at the
end of 35 years and 9 months, if the interest rate is 6%
Organize Rages v
compounded quarterly.
4. Accumulate P 1,100 at 8% compounded monthly for 25 years
O Compress POF
Redact
and 5 months.
A Prepare Form
5. Find the amount due on P 40, 000 in 4 years and 4 moths at:
ARequest signat
a. 10 ½ % converted semi-annually
b. 11% converted quarterly
c. 13% converted annually
2 Fill & Sign
Send bur Som
mer AM
O//2002
hp
Transcribed Image Text:SKILL BUILDER Searih Straethgh 2 Export PDI Solve the following problems 1. Accumulate P 8, 400 for 2 years at 7% converted monthly. Edit PDF Create PDA 2. Find the compound amount and interest on P 12, 800 for Comment 3 years and 4 months at 6%, converted quarterly. Combine Files 3. Find the compound amount and interest on P1, 500 at the end of 35 years and 9 months, if the interest rate is 6% Organize Rages v compounded quarterly. 4. Accumulate P 1,100 at 8% compounded monthly for 25 years O Compress POF Redact and 5 months. A Prepare Form 5. Find the amount due on P 40, 000 in 4 years and 4 moths at: ARequest signat a. 10 ½ % converted semi-annually b. 11% converted quarterly c. 13% converted annually 2 Fill & Sign Send bur Som mer AM O//2002 hp
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