What is the equivalent present value of this future receipt of P87,719 in 6 years from now at 24% cpd.

mo.?

21,081
If compounding is weekly (consider there is 52 weeks in one year), what effective annual interest rate will
make the following values of P and F equivalent for the values of n as shown below?
P = 613,542 pesos; F = 2,043,946 pesos; n = 15 years
Note: The answer must be expressed in whole number.
8

A man promised to himself that he would buy his own house after 7 years. A reliable business
offered to him a 20% cpd. semi-annually return to his investment. How much should he invest
now so he will have a P8,866,950 needed to buy his dream house after 7 years

A man deposited 84,586 in a bank with a 13 cpd. quarterly for 5 years. On the 2 nd year, he
added 21,180 to his deposit. However, on the 3rd year, he withdrew 16,762. How much
money would he withdraw once the 5-year period is over?
138712
A man possesses a promissory note, due 9 years from now. By then, its value is P111,298. If the rate of
interest is 22% cpd. semi-annually, what is the value of this note now?

A man recently got a credit card from a company that charges 21% cpd. monthly. What is
the amount he will have to pay after 8 years if he used P1,243,381 with the card.
1,428,498

A man bought a lot worth 1,794,093 if paid in cash. By installment, he paid a down payment of 266,458;
313,902 at the end of one year; 478,965 at the end of 3 years and final payment at the end of five years.
What is the final payment if the interest was 20% cpd. annually?

1,028,675

1700,09

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