ENGINEERING

ECONOMY
By: ENGR. RENANTE C. ORANG
INSTRUCTIONS
1 USE A WHOLE LONG/SHORT BOND PAPER or NEWSPRINT.

2 COPY THE ENTIRE QUESTIONS.

3 SHOW YOUR DETAILED SOLUTIONS

AND INDICATE YOUR FINAL ANSWERS.

4 MAKE IT AS READABLE AND NEAT AS POSSIBLE.

SUBMIT IT IN AN UPRIGHT POSITION (NOT SIDEWAYS).

5 SUBMIT YOUR SEATWORK ON OR BEFORE THURSDAY 2:30PM

(OCTOBER 22, 2020) ON OUR SCHOOLOGY.
3rd SEATWORK Copy and Answer
1 Frank will deposit ₱15,000 every beginning of 3 months for 6 years for the
replacement of a printing equipment. The money will earn an interest of
10% compounded quarterly. Find the amount of the fund at the end of
the term.
2 Find the present value of ₱1,500, payable at the beginning of every month
for 6 years and 10 months, if money is worth 12% compounded monthly.

3 Find the periodic payment every beginning of a quarter on ₱45,000 due

now for 3 years and 6 months, if money is 10% compounded quarterly.

4 Find the term of an annuity due whose present value is ₱60,000 with a
periodic payment made every beginning of the month of ₱1,800, if
money is worth 6% compounded monthly.