| RAVALO, ANGEL JOY M. ENGINE ERING ECONOMY | cett- 02-502 AGSIGNERT : 1) To THE PURCHASER OF A HOUSE WHICH IS THE CBTIER OFFER? 940,000.00 DOWN AND ¢0,000-00 IN @ MONT! WS OR PGO.000,00 DOWN AKD P40; C00: CO IN A Year? ASSOME MONEY 1S WORTH © “fo AND COMPARE ON TRE DATE OF PURCHASE TWE VALUE OF GACH OFFER. GINEN. SOLUTION: = Peo,000-00 ~ ge (itén) "= P40, 000- 00 Fi = G0,.000 (1+ (0-00) m = @ months Fi = Puine0o ~~ % 6% -0-06 = Pw, 800 + P40;.001 Fi = Plot, $00 FORNULA: FeP(itén)soLotion: #29 (14 49) nN 4 #P40:000- 20 5 ns p[0i000-00 41240,000 (1+ (0-06) o) reyes Faz aad ee °lo = 0-08 = P42,400 + P0000 Es * P1021 400 00 FORMULA Fe Pitan) ype m RESO, LCONCLUDE THAT FA WS THE BETTER OPER TO THE COVER, WTR A PORCRASE peice OF PIp2,400-00 2) WA. A BORZOWS PI2 1000-00 WITH INTEREST AT G% FOR TWO! WHAT SHOULO MA. ACCEPT IN SETTLEMENT 1S MONTHS AFTER TRE IF MONEY 15 THEN WORTH &% TO Bim 2 GIVEN: SOLUTION: me P= Pi21000, 00 Fe pCi +a) 4 A= 2 yeors = 24 mons i= [2,000 (14 C0.00)( i? bth 70-00 ; Fiz Pig 440. 00 Fe p (tan)beret SOLoTiON’ ~ p= Piz 000-00 Fe P(t 40) : on oan Fa = 12,000 (it (0-05) (1/2) - EB o i= 5h 0.05 fa Pia, 160.00 FORMULA. . 5 FP (itin) .— «Me. @ SHOULD ACCEPT TRE VALUE oF F, WHICH IS 1S 440.00 AS PAYMENT AFTER Mr. A GORROWED MONEY. me i 8) WHAT 1s TRE ANNDAL RATE OF INTEREST IF P205.00 |S EARNED IN ON AN IWESTMENTS OF 15,000. 00 7 " GNEN: SOLUTION: “3s 0206.00 205 ee n= 4 months = 4/12 = Vf 4) A LOAN OF 22,000.00 \s WADE FOR A PERIOD OF VANUARY 3] TRE FOLLOWING YEAR, AT A SIMPLE: FUTURE AMOUNT IS DUE AT THE END OF THEDATE: No: FORMULA: SOLUTION. - + 2,000.00 F> p(i4kn) ee P (itde) ne 1 mows f= 2000 (i+ (0-2) (12/2)) Mis 20%- 0.2 Fe P2433. 33 - —= 1g) DETE AMINE THE EXACT sIMPLE INTEREST ON 5,000.00 FOR TE PeReiD oes JAN. IS TO NOV-28 1992 \F THE RATE OF INTEREST 1S 22 he amt NEN? SOLUTION: : 4 P= Ps,000 = PIN &* 2% = 0.22 JAN 1S Ib Be FED Answer: Pass. +4 = 3) DAYS