1.) Mr. Roanito wants to put money in an account that pays 5% interest each year, compounded annually. How much must he deposit in the account today if his aim is to have 5,000 PHP in the account at...


1.) Mr. Roanito wants to put money in an account<br>that pays 5% interest each year, compounded<br>annually. How much must he deposit in the<br>account today if his aim is to have 5,000 PHP in<br>the account at the end of six years?<br>2.) If the rate of interest is 5.23 percent<br>compounded weekly, calculate the Present Value<br>of 534PHP that will be returned in fifteen years.<br>3.) Find the Present Value of a money flow that is<br>1000 PHP at the end of the first quarter but drops<br>by 50% each quarter for the next 18 months at a<br>5% compounded monthly interest rate.<br>

Extracted text: 1.) Mr. Roanito wants to put money in an account that pays 5% interest each year, compounded annually. How much must he deposit in the account today if his aim is to have 5,000 PHP in the account at the end of six years? 2.) If the rate of interest is 5.23 percent compounded weekly, calculate the Present Value of 534PHP that will be returned in fifteen years. 3.) Find the Present Value of a money flow that is 1000 PHP at the end of the first quarter but drops by 50% each quarter for the next 18 months at a 5% compounded monthly interest rate.

Jun 06, 2022
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