the end of the month. How much is the cost of the TV set if her monthly payment is P3,000 5. Mrs. Remoto would like to buy a television (TV) set payable monthly for 6 months starting at and interest is 9% compounded semi-annually? 6. The buyer of a lot pays R1n month for 5.5 years if interest is at 0.25% compounded annually, h
the end of the month. How much is the cost of the TV set if her monthly payment is P3,000 5. Mrs. Remoto would like to buy a television (TV) set payable monthly for 6 months starting at and interest is 9% compounded semi-annually? 6. The buyer of a lot pays R1n month for 5.5 years if interest is at 0.25% compounded annually, h
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Letter B. subparts 5-6
Transcribed Image Text:deposit in a savings account every month for 5.5 years if interest is at 0.25% compounded
the end of the month. How much is the cost of the TV set if her monthly payment is P3,000
5. Mrs. Remoto would like to buy a television (TV) set payable monthly for 6 months starting at
6. The buyer of a lot pays P10,000 every month for 10 years. If money is 8% compounded
and interest is 9% compounded semi-annually?
annually, how much is the cash value of the lot?
PERFORMANCE TASK N0. 2
A. Show the illustration of the cash flow (Refer to Lesson 3).
1. Monthly payments of P 2,000 for 5 years with interest rate of 12% compounded annually.
2. Yearly payment of P15,000 for 10 years with interest rate of 8% compounded annually.
B. Solve the following problems.
1. Find the Present Value (P) and the Future Value (F) of quarterly payments of P 2,000.00 for 5
years with interest rate of 8% compounded quarterly.
4. Starting on her 30th birthday, a woman will invest an amount every year on her birthday in
atl account that grows at an annual rate of 7%. What should be the amount invested should
she want her fund to P300,000.00 just before her 65th birthday?
s ayer of a lot pays P 50,000.00 cash and P 10,000.00 every month for 10 years. If money
o 0% compounded monthly, how much is the cash price of the lot?
dengeiehool student would like to save P50.000 for his graduation. How much should he
monthlya a savings account every month for 5.5 vears if interest is at 0.25% compounded
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