10:10 AM 71% Edit 88 4 X PDF 10. The amount of each payment is a/an 11 What I Can Do Direction: Answer the following as indicated. Write your answers on separate sheet/s of paper. 1. A television (TV)...

Extracted text: 10:10 AM 71% Edit 88 4 X PDF 10. The amount of each payment is a/an 11 What I Can Do Direction: Answer the following as indicated. Write your answers on separate sheet/s of paper. 1. A television (TV) set is for sale at Pl13,499 in cash or on installment terms, P2,500 each month for the next 6 months at 9% compounded monthly. If you were the buyer, what would you prefer, cash or installment? Why? 2. On a girl's 1Oth birthday, her father started to deposit P5,000 quarterly at the end of each term in a fund that pays 1% compounded monthly. How much will be in the fund on his daughter's 17th birthday? (use j = 0.002502, n=28) DO DO B8 W Tools Mobile View Share PDF to DOC Edit on PC |||