Questions


October 2022 1 2 Report
1. What is the periodic payment? a. PhP 2 000 c. PhP 4 000 b. PhP 3 000 d. PhP 5 000
2. What is the equivalent interest rate compounded monthly? a. 0.00012547 C. 0.00083264 b. 0.00063456 d 0.00091251
3. How much will be her savings after 5 years? a. PhP 183 663.93 c. PhP 366 236.40 b. PhP 211 282.50 d. PhP 472 500.30
4. Abraham saves PhP 500 in a bank every month from his allowances that pays at 8% compounded annually. For how many years should he save to accumulate the amount of PhP 60697.36? years c. 7 years c.672 years d. 7 1/2 years
5. If Janine wants to have PhP 450 000.00 after 5 years, how much money should she deposits in a bảnk that pays 9% compounded annually? a. PhP 285 915 c. PhP 300 475 b. PhP 292 469 d. PhP 305 170
6. A lot buyer pays 15,000 every quarter for 10 years. If the money is 8% compounded annually, how much is the cash value of the lot? a.PhP 444 325.20 c. PhP 414 489.40 a. PhP 437 237.45 d. PhP 423 731.25
7. Mr. Isaac buys a rice harvester with an interest rate of 10.5% compounded semi-annually, how much is the cost for 6 years with annual payment of 12,500? a. PhP 69 416.30 c. PhP 89 456.20 b. PhP 74 325.08 d. PhP 98 352.04

pa answer po plss need ko lng..​

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