TOPIC: ENGINEERING ECONOMICSSpecific Instructions: Solve each problem NEATLY and SYSTEMATICALLY. Show your COMPLETEsolutions and BOx your final answers. Express all your answers in 2 decimal places.Problem:1. What is the future amount of my Php 100, 000 after 5 years if I invest today at a rate of 12 %compounded annually? The inflation rate is 8 % per year. What is the actual effective rate givento the account?

Invested amount (X) = Php 100000 n = 5 years Interest rate = 12% Inflation rate = 8% Let the actual…

1. What is the future amount of my Php 100, 000 after 5 years if I invest today at a rate of 12 % compounded annually? The inflation rate is 8 % per year. What is the actual effective rate given to the account?

1. What is the future amount of my Php 100, 000 after 5 years if I invest today at a rate of 12 % compounded annually? The inflation rate is 8 % per year. What is the actual effective rate given to the account?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 3PB: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...

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TOPIC: ENGINEERING ECONOMICS
Specific Instructions: Solve each problem NEATLY and SYSTEMATICALLY. Show your COMPLETE
solutions and BOx your final answers. Express all your answers in 2 decimal places.
Problem:
1. What is the future amount of my Php 100, 000 after 5 years if I invest today at a rate of 12 %
compounded annually? The inflation rate is 8 % per year. What is the actual effective rate given
to the account?

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