Part 2: COMPOUND INTEREST: Show your complete solutions. 1.) Find the final or compound amount of P15,900.00 at 5.5% interest compounded annually for 18 months. 2.) Find the interest on P25,750.00 for...

Number 2 pleasePart 2: COMPOUND INTEREST: Show your complete solutions.<br>1.) Find the final or compound amount of P15,900.00 at 5.5% interest compounded<br>annually for 18 months.<br>2.) Find the interest on P25,750.00 for 3 years at 8% compounded quarterly.<br>3.) Find the present value of P150,000.00 at 15% interest compounded monthly for 6<br>years.<br>4.) At what rate of interest compounded semi-annually will P21, 590. 00 accumulate to<br>P26, 900. 00 in 2 years?<br>5.) How long will it take for P3, 700. 00 accumulate to P6,900. 00 at 4.5% compounded<br>quarterly?<br>

Extracted text: Part 2: COMPOUND INTEREST: Show your complete solutions. 1.) Find the final or compound amount of P15,900.00 at 5.5% interest compounded annually for 18 months. 2.) Find the interest on P25,750.00 for 3 years at 8% compounded quarterly. 3.) Find the present value of P150,000.00 at 15% interest compounded monthly for 6 years. 4.) At what rate of interest compounded semi-annually will P21, 590. 00 accumulate to P26, 900. 00 in 2 years? 5.) How long will it take for P3, 700. 00 accumulate to P6,900. 00 at 4.5% compounded quarterly?

Jun 09, 2022
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