A sum of 300,000 is deposited in the bank now. After 10 years, 100,000 is withdrawn from the fund. What will be the withdrawal amount for the next 10 years? Money is worth 8% compounded annually. a. 1,182,394.65 b. 2,185,654.92 C. 983,168.47 d. 1,216,918.32
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- A corner lot of land is 35 m on one street and 25 m on the other street. The angle between the two lines of the street being 82°. The other to two lines of the lot are respectively perpendicular to the lines of the streets. What is the worth of the lot if its unit price is P2500 per square meter? a. P1,978,456 b. P1,588,045 c. P2,234,023 d. P1,884,050 (Illustrate and use geometric identities)Part 4.2j) Value of coefficient a? k) Value of coefficient b? l) Value of coefficient c?The present value of an annuity of “P” pesos payable annually for 8 years, with the first payment at the end of 10 years, is P187,481.25. Find the value of “P” if money is worth 5%
- Carol borrowed P250,000 from a lending company with 10% interest compounded semi-annual and is to be amortized by semi-annual payments over the next 5 years. The first payment is due in 6 months. What are the semi- annual payments? Answer. P32,376.25values A,B,C A = 10 B = 20 C = 507. Lawrence takes out a loan For S8000 to start a business after high school, The bank chargeshim 8% interest for the loan. After 8 years how much interest will be added on to the loan? 8. A man borrowed an amount of S10,000 to a bank. The bank agreed considering that theinterest rate is 5% annually. Determine the amount that the man paid the bank if heborrowed last January 01, 1900. The man paid the bank dated November 30, 1900. Useexact simple interest.
- A man wants to make 14\% nominal interest compounded semiannually on a bond investment. How much should the man be willing to pay now for a 12\% P10,000-bond that will mature in 10 years and pays interest semiannually? D. 8,509 C. 8,950 B. 8,590 A. 8,905 *in written solution please with regards to the choicesUsing the rules for significant figures what is the sum of 7.6543 + 29.732 + 329.4 + 0.3126?At the birth of a girl, what amount should her mother invest in order to provide the daughter with ₱25,000 at the age of 21 years if the money earns 4 and 3/8 % compounded quarterly?a. ₱ 685.23 b. ₱ 10,025.32 c. ₱ 2,801.57 d. ₱ 8,250.50
- Problem: The amount of P50,000 was deposited in the bank at a rate of 7.5% per annum for 5 years 1. Which of the following gives the simple interest at the end of 5 years? a. P 18,750 b. P 71,780 c. P 13,030 d. P 21,780 2. Which of the following most nearly gives the compound interest at the end of 5 years? a. P 18,750 b. P 21,780 c. P 53,030 d. P 71,780 3. Which of the following most nearly gives the difference between simple interest and compound interest at the end of 5 years? a. P 5,030 b. P 1,780 c. P 3,030 d. P 2,780solve completely from A to E. Thank you FINAL ANSWER: A. ? (USE EXCEL) B. ? C. e = 0.488, and S = 76.9%, D. γt = 20.27 kN/m3, E. w = 10.7% to 16.0%Compute the initial value of the money if the barrower needs deposit the accumulated amount of P59,137 to the bank after 8 months and 24 days if the money has the interest rate of 19% per annum.