Activity no.

General Instruction: Answer what is required and support your answer with computation when
necessary. 

1. Assume that Trinity deposit Php65,000 in an account earning 8% simple interest in for 5 years.
a. What is the accumulated interest at the end of the 5 th year?
b. How much is the total deposit at the end of the 5 th year?

2. Euge has a total investment of Php75,000 at a simple interest rate of 4% for 9 months.
a. How much is the interest is earned on this investment?
b. How much is the total investment after 9 months?

3. Ram deposited Php100,000 at compound interest rate of 6% for 2 years.

a. How much money will be in the account after 2 years?
b. How much interest is earned from the deposit after 2 years?

4. Jam deposited Php70,000 into an account paying 9% annual interest compounded quarterly.
a. How much money will be in the account after 3 years?
b. How much money will be in the account after 7 years?

5. If you deposit P45,000 into an account paying 8% annual interest compounded monthly.
a. How much money will be in the account after 4 years?
b. How much money will be in the account after 8 years?

6. Suppose you invest Php90,000 for three years in a saving account that pays 10% interest per
year.
a. How much is the interest for the year 2?
b. How much is the principal at the end of year 3?

7. Ina invest Php200,000 during the first year the investment earned 50%, for second year Ina
earned only 7%, and 25% for third year.
a. How much money will have at the end of fourth year?
b. If the interest for 1st year is 35%, 2nd year is 10% and 35% for 3rd year, how much money
will have at the end of fourth year?

8. Vana owes a total of Php56,700 which includes 12% interest for the three years she
borrowed the money.
a. How much did she originally borrow?
b. If Vana owes Php78,900 with 5% interest for four years, how much did she originally
borrow?

9. Deinnah have just won a Php1 million lottery. This new lottery, however, will pay out the
award 50 years from today.
a. What is the present value of your award based on a 16% interest rate?
b. What is the present value of your award based on a 25% interest rate?

10. Juaxim want Php2,000 three years from now and the compounded interest rate is 8%.
a. How much should we invest today?
b. If Juaxim want Php5,000 seven years from now and the compounded interest rate is 10%,
how much should we invest today?