Republic of the Philippines

Department of Education
Region VI Western Visayas
Division of Negros Occidental
JACINTO MONTILLA MEMORIAL NATIONAL HIGH SCHOOL
Brgy. Canturay, Sipalay City, Negros Occidental

Business Finance
2nd Semester
Pre-Final Examinations

Test I. Solve the Following!

1. Mr. Ramos deposited Php 150790.45, in a bank with an interest rate of 7.9% for 2 years.
What is the future value of your deposit?

2. Ms. Abhubakar need to save up for Php 2,480,090 in 3 year. How much should you save now
if the bank offers a rate of 9.3%?

3. Juan De La Cruz deposit Php 198,790 in his bank account. If the bank pays 8.5%
compounded semi-annually, how much interest will he accumulate in his account after 10
years?

4. Compute the present value and future value of Php 1,600,560.98 cash flow for the following
combination of discount rates and times:

RATE TIME PRESENT VALUE FUTURE VALUE

6.8 % 4 Years

5.9 % 5 Years

7.3 % 4 Years

4.8 % 5 Years

5. Lola Clara became a very successful career woman but she somehow forgot that she placed
Php 500,000 in the bank. She suddenly remembered and was shocked at what had
happened to her money after 50 years. How much money does Lola Clara have after 50
Years?

ANG TOTOONG NAGMAMAHAL AY PARANG MATINONG ESTUDYANTENG NAG-EEXAM

HINDI TUMITINGIN SA IBA, KAHIT NAHIHIRAPAN NA.

WALA FOREVER! SO DON’T CHEAT!