Activity Activity 1: What's my future? Directions: Read the problem carefully and then write your solution in a separate sheet of paper. Problem: In order to save for her high school graduation, Ruby decided to save Php 200.00 at the end of each month. If the bank pays 12% compounded monthly, how much will her money be at the end of 6 years?
Activity Activity 1: What's my future? Directions: Read the problem carefully and then write your solution in a separate sheet of paper. Problem: In order to save for her high school graduation, Ruby decided to save Php 200.00 at the end of each month. If the bank pays 12% compounded monthly, how much will her money be at the end of 6 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:Activity
Activity 1: What's my future?
Directions: Read the problem carefully and then write your solution in a
separate sheet of paper.
Problem: In order to save for her high school graduation, Ruby decided to
save Php 200.00 at the end of each month. If the bank pays 12%
compounded monthly, how much will her money be at the end of 6 years?
Activity 2: What's my present?
Directions: Read the problem carefully and then write your solution in a
separate sheet of paper.
Problem: Mr. Palma paid Php 200 000 as down payment for a car. The
remaining amount is to be settled by paying Php 16,200.00 at the end of
each month for 5 years. If interest is 6% compounded monthly. What is the
cash price of his car?
Activity 3: Who has a better offer?
Directions: Read the problem carefully. Calculate the fair market value of
each offer and found out who has a better offer. Write your solution in a
100
separate sheet of paper.
Problem:
Mr. de Leon received two offers on a house and lot that he
wants to sell. Mr. Francisco's offer is Php 50,000.00 down payment plus Php
250,000.00 lump sum payment at 5% five years from now.
On the other hand, Mr. Cruz has offered Php 50,000 down
payment plus Php 10,000.00 at 5% compounded quarterly for 5 years. Who
has a better offer?
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