Flag question: Question 39

Question 391 pts

How many years are needed for 40,000 to yield 13,756.66 if invested at 6% converted semi-annually interest?

Group of answer choices

7.3 years

8 years

5 years

6.25 years

Flag question: Question 40

Question 401 pts

A telemarketing company bought a new office space for Php720,000 downpayment and monthly installment of Php40,000 at the end of each month for 42 months. What is the cash equivalent of the property if money is worth 12% compounded monthly?

Group of answer choices

Php2,523,200.50

Php2,281,250.57

Php2,190,844.67

Php2,086,324.33

Flag question: Question 41

Question 411 pts

How much should be invested at the end of each quarter at 12% compounded quarterly so that after 2 years, it accumulates to Php250,000?

Group of answer choices

Php35,614.10

Php28,114.10

Php9,268.00

Php6,396.71

Question 431 pts

An investment will have a future value equal to Php180,250 after 6 years. It has a nominal rate of 10.5% that is compounded quarterly. What is the present value of the investment?

Group of answer choices

Php67,347.03

Php93,450.70

Php85,702.10

Php96,783.02

Flag question: Question 44

Question 441 pts

Shawn has set up an "automatic account builder" plan with an investment company. At the end of each month, the company automatically deducts $125 from his checking account and deposits it into an account he has set up to save for his kids' college costs. If this continues for 17 years, and the account earns 6.36%, how much will his account grow to?

Group of answer choices

$45,750.23

$42,343.38

$3,529.31

$3,641.05

Flag question: Question 45

Question 451 pts

A note dated August 18 and due on March 9 (no leap year) runs for exactly:

Group of answer choices

221 days

200 days

203 days

210 days