Your parents have promised to give you Php25,000 on your wedding day if you wait 10 years to get married.  Your sister is getting married today.  What amount should she receive in today's peso to match your gift?  The appropriate discount rate is 12% a. Php8,049 b. Php10,000 C. Php22,321 D. Php25,000

Q: Car loan Planning to give his son a car as a gift when he graduates from college 2 years from now,…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: eives a ​$8,000 gift toward a college education from her grandparents. How much will the ​$8,000 be…

A: Future value is value of the principal amount of $ 8000  after 18years at 5.6% compounded quaterly.…

Q: Vijay

A: The objective of this question is to find out how much money needs to be deposited today in order to…

Q: A newborn child receives a $9,000 gift toward a college education from her grandparents. How much…

A: As per the given information: Principal amount or amount of money deposited (P) - $9,000 Time period…

Q: Q2.3: Abigail set up a savings fund for his son's education so that he would be able to withdraw…

A: Annuity refers to series of annual payment which is paid or received at start or ending of specific…

Q: Millet wants to provide a ₱200,000 graduation gift for her daughter Mae who is now 16 years old. She…

A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…

Q: Anna receives $150 a month for four years while she attends college to earn a bachelor's degree. At…

A: PV = Present value of the annuityP = Periodic payment (which is $150 in this case)r = Periodic…

Q: A scholarship provider has $525000 which she will invest today to fund a scholarship forever. She…

A: An "annual payment" refers to a recurring sum of money that is made or received on an annual basis,…

Q: Derek has the opportunity to buy a money machine today. The money machine will pay Derek $35,200.00…

A: The time value of money concept will be used and applied here. As per the time value of money…

Q: 5. A man wishes his son to receive P200,000 ten years from now. What amount should he invest if it…

A: As per Bartleby guidelines, If multiple questions are posted, only the first 1 question will be…

Q: Razi need RM20,000 for his daughter education in 9 years, how many he deposits in his bank at the…

A: Monthly payments refers to the amount which is paid on periodic basis. The period of monthly…

Q: 3. Jeff has one savings account with the interest rate of 3.3% in a bank. If he deposits 1200 pesos…

A: Interest is an additional amount which is earned on deposited amount over the period. It is income…

Q: A fund is to be donated by a wealthy man to provide annual scholarships to deserving students. The…

A: Annual scholarship for first 5 years = Php. 5,000 Annual scholarship for next 5 years = Php. 8,000…

Q: 2. If you invest P25,000 at 8% interest compounded annually, approximately how much money will be in…

A: The future value is the compounded value of an amount of deposit. The future value is calculated…

Q: 2. Ms. Perez wants to invest in a savings account with interest rate of 9% per year. She decided to…

A: Annual payment (P) = Php 40,000 Number of annual payments (n) = 10 Interest rate (r) = 9%

Q: When you graduate from college, your mother plans to give you a gift of $40,000 to start you on your…

A: Present value of lum sum = Amount receivable in future * PV $1 (r, n) Present value of annual…

Q: Erwin deposited Php 25,000 in a bank promising 5% simple interest. How long should the amount stay…

A: Interest means the extra amount which we received because of investment made and will be paid in…

Q: Mr. Pasia and his family celebrated his son's 21st birthday on July 7, 2025. He gave his son two…

A: Given in the question:Amount Invested = Two million PesosCompound Interest = 10%Compounded…

Q: What amount must be deposited by a 20-year old student in a bank that pays 5% compunded anually so…

A: Solution: Desired future value = P100,000 Period = 10 years Interest rate = 5%

Q: Vijay

A: The objective of this question is to find out how much money needs to be deposited today in order to…

Q: Mr. Bienvenido Bautista needs a fund of Php1,000,000 to renovate his house. To provide for this, he…

A: It can be calculated using =NPER(rate,pmt,pv,[fv],[type]) Rate The interest rate for the loan. Nper…

Q: A newborn child receives a $10,000 gift toward a college education from her grandparents. How much…

A: P = $10,000 (initial investment).r=5.5% or 0.055 (annual interest rate as a decimal).n=4 (compounded…

Q: Show Solution. Topic: Perpetuities 1. A Filipino billionaire wants to provide a perpetual P950,000…

A: The perpetual cash flows are the same ones that are received for an endless period of time.…

Q: Don Solomon wants to set up a scholarship program with his alma mater. If ₱778111 is needed per year…

A: Since the scholarship program will be run to perpetuity hence, to pay the annual scholarship, the…

Q: Mr. Bienvenido Bautista needs a fund of Php1,000,000 to renovate his house. To provide for this, he…

A: Future value required (FV) = Php1,000,000 Interest rate = 12% Monthly interest rate (r) = 12%/12 =…

Q: At the birth of a child, what sum should his father invest in order to provide the child with Php 3…

A: Formula. F = A (1 + r)n where , F = future value A = amount of investment r = interest rate n = time…

Q: My cousin , Hershey , is newlywed public school teacher who plans for the education of her future…

A: Annuities assume that money is put into the account on a regular schedule and money is left in the…

Q: You are saving money for your daughter's private school tuition of $110,000, which is needed in 9…

A: First, we need to determine the effective annual interest rate using the formula below as the…

Q: XCEL 2. Ms. Pan Aram has set the goal of accumulating Php 4,000,000 for her son's college fund,…

A: Future value is amount accumulated over the period of time due to the deposit made and the interest…