How much money should be invested in an account that ears 9.5% interest. compounded monthly, in...

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How much money should be invested in an account that ears 9.5% interest. compounded monthly, in order to have P30,000 in 5 years? Accumulate P180,000 for 5 years at 13% compounded semi-annually. (Note: accumulating an amount means finding its maturity value.). At what interest rate will a principal of P9,500 accumulate to P15,000 in 2 years compounded semi-annually? Polly purchased a car. She paid P150.000 as down payment and pays P5,500 at the end of each month for 48 months. If the interest is 7.8% compounded monthly, how much was the car worth? . A house and lot are worth P4.3 million in cash. A buyer pays a 40% down payment and agrees to pay the balance by equal payments at the end of each month for 10 years at the rate of 9% compounded monthly. How much will be the monthly payment? In order to have P1 million in a fund at the end of 15 years, how much must be deposited in the fund every quarter if money can be invested at 10.5% compounded quarterly? How much money should be invested in an account that ears 9.5% interest. compounded monthly, in order to have P30,000 in 5 years? Accumulate P180,000 for 5 years at 13% compounded semi-annually. (Note: accumulating an amount means finding its maturity value.). At what interest rate will a principal of P9,500 accumulate to P15,000 in 2 years compounded semi-annually? Polly purchased a car. She paid P150.000 as down payment and pays P5,500 at the end of each month for 48 months. If the interest is 7.8% compounded monthly, how much was the car worth? . A house and lot are worth P4.3 million in cash. A buyer pays a 40% down payment and agrees to pay the balance by equal payments at the end of each month for 10 years at the rate of 9% compounded monthly. How much will be the monthly payment? In order to have P1 million in a fund at the end of 15 years, how much must be deposited in the fund every quarter if money can be invested at 10.5% compounded quarterly?

Answer rating: 100% (QA)

Lets solve each of these financial questions one by one Investment for 30000 in 5 years at 95 compounded monthly We can use the formula for compound interest to find the initial investment P A P1 rnnt ... View the full answer