4. When her granddaughter was born, Melay invested P 20 000 at 12% compounded quarterly. How much money will her granddaughter have on her 18th birthday?
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- 4. On the birth of a child, a father wished to invest in a trust fund which gives 12% compounded quarterly. How much must he invest if he wants to accumulate P650,000 by the time the child reaches his 21st birthday? 5. To provide for a purchase of a car worth P950,000 as a gift to his mother 5 years from now. How much should Benjamin invest today at 18% compounded quarterly? 6. Mrs. Dela Cruz invested P70,000 at 12% compounded quarterly for 5 years and another P70,000 at 18% compounded semi-annually for the same length of time. Find the total amount of the two investments. NOTE: SOLVE ASAP!!! DONT USE EXCEL PLEASE! Thank youAt the birth of his daughter, Mr. Lucas Zulu invested K10,000 at 6% p.a. compounded annually. What amount would accrue to her if she left the money invested until she attained the age of:(i) 18 years; (ii) 21 years; (iii) 40 years; and(iv) 60 years?1. Juanita inherits $10,000 and invests it for 30 years at a “net” 9% return. How much money will she have at the end of the period?
- Engr. Gundran invested P10,736.98 when his son was 7 years old, P17,515.59 when he turned 8, and P19,232.81 for the next 5 years. If the interest rate is 0.104, how much will his son receive annually starting on his 29th birthday?If Rachel invest 1700 today in a account that pays 6 percent interest compounded annually how long will it take for her to accumulate 6500 in her account. a. 25.65 b. 16.89 c. 23. 02 d. 18.05 e. 20. 52Maria invested part of her P800,000.00 in an investment earning 12% per annum while the remaining at 10% per annum. If she received P90,000.00 amount of interest for one year, how much did she invested on each interest rate?
- Assume that a couple invests $1000 upon the birth of their daughter. Assume that the investment earns 6.8% compounded annually. What will the investment be worth on the daughter’s 18th birthday?At the birth of his daughter, Mr Lucas Dalitso Zulu invested K10,000 at 6% p.a.compounded annually. What amount would accrue to her if she left the moneyinvested until she attained the age of: (i) 18 years; (ii) 21 years; (iii) 40 years; and (iv)60 years?20.) For her 1st birthday, Ruth's grandparents invested $1400 in an 18-year certificate for her that pays 8% compounded annually. How much will the certificate be worth on Ruth's 19th birthday? (Round your answer to the nearest cent.)
- RT is about to loan his granddaughter Cynthia $20,000 for 1 year. RT’s TVOM, based upon his current investment earnings, is 8%. Cynthia’s TVOM, based upon earnings on investments, is 12%.An aunt wants to make a gift of $120,000.00 to their niece's for her college education on her 21st birthday. How much would have been invested on the day of their niece's birth if their investment could earn:a) 8% compounded continuously? $. (Round to 2 decimal places.)b) 8.5% compounded continuously? $. (Round to 2 decimal places.Your father invested a lump sum 28 years ago at 4.05 percent annual interest. Today, he gave you the proceeds of that investment totaling $48,613.24. How much did your father originally invest?