1. Mr. Villadon plans to invest Php 100,000 in a business venture. He was offered 6% interest compounded semi-annually. How much will he receive at the end of 3 years?
1. Mr. Villadon plans to invest Php 100,000 in a business venture. He was offered 6% interest compounded semi-annually. How much will he receive at the end of 3 years?
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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Transcribed Image Text:P PowerPoint Slide Show - Lesson 10 -math of finance
Presenting.
Give control
Stop presenting
Exercises: Answer the following problems.
1. Mr. Villadon plans to invest Php 100,000 in a business
venture. He was offered 6% interest compounded
semi-annually. How much will he receive at the end of
3 years?
2. What is the present value of Php 65,000 at 11%
compounded quarterly for 2 years?
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