1. At the beginning of the year, P5, 000 was invested in a deposit account earning 8% annually. How much will the deposit be after a year? Catentation of Frescent Value and 2. Supposed your father deposited in your bank account P10,000 at an annual interest rate of 10% compounded yearly. When you graduated from Grade 6 and did not get the amount until you finished Grade 12. How much will you have in your bank account after 7 years? Calculations Freser Value and 3. At the beginning of the year, P2,000 was invested in a deposit account earning 8% compounded annually for 5 years. How much will the investment be after 5 years?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3PA: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...
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Please answer the first three items only.
1. At the beginning of the year, P5, 000 was invested in a deposit
account earning 8% annually. How much will the deposit be after a
year?
2. Supposed your father deposited in your bank account
P10,000 at an annual interest rate of 10% compounded
yearly. When you graduated from Grade 6 and did not get the
amount until you finished Grade 12. How much will you
have in your bank account after 7 years?
3. At the beginning of the year, P2,000 was invested in a deposit
account earning 8% compounded annually for 5 years. How much
will the investment be after 5 years?
4. ABCD Company is an investor in oil companies and they should
deposit now in order to receive P50,000 at the start of each year for 3
years at a 12% annual compounding interest rate. How much y
investment be after 3 years?
Transcribed Image Text:1. At the beginning of the year, P5, 000 was invested in a deposit account earning 8% annually. How much will the deposit be after a year? 2. Supposed your father deposited in your bank account P10,000 at an annual interest rate of 10% compounded yearly. When you graduated from Grade 6 and did not get the amount until you finished Grade 12. How much will you have in your bank account after 7 years? 3. At the beginning of the year, P2,000 was invested in a deposit account earning 8% compounded annually for 5 years. How much will the investment be after 5 years? 4. ABCD Company is an investor in oil companies and they should deposit now in order to receive P50,000 at the start of each year for 3 years at a 12% annual compounding interest rate. How much y investment be after 3 years?
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