If you deposit P5,000.00 into an account paying 10% annual interest compounded quarterly, how long until...

Transcribed Image Text:

If you deposit P5,000.00 into an account paying 10% annual interest compounded quarterly, how long until there is P9,000.00 in the account? 2. If you deposit P8,000.00 into an account paying 9% annual interest compounded monthly, how long until there is P20,000.00 in the account? 3. If you deposit $10,000.00 into an account paying 8.25% annual interest compounded semi-annually, how long until there is P18,700.00 in the account? 4. At what nominal rate compounded quarterly should an amount of P10,000.00 be invested if it will earned P50,000.00 after 5 years? 5. At what nominal rate compounded monthly should an amount of P15,000.00 be invested if it will earned P60,000.00 after 4 years? 6. At what nominal rate compounded semi-annually should an amount of P35,000.00 be invested if it will earn P75,000.00 after 6 years? If you deposit P5,000.00 into an account paying 10% annual interest compounded quarterly, how long until there is P9,000.00 in the account? 2. If you deposit P8,000.00 into an account paying 9% annual interest compounded monthly, how long until there is P20,000.00 in the account? 3. If you deposit $10,000.00 into an account paying 8.25% annual interest compounded semi-annually, how long until there is P18,700.00 in the account? 4. At what nominal rate compounded quarterly should an amount of P10,000.00 be invested if it will earned P50,000.00 after 5 years? 5. At what nominal rate compounded monthly should an amount of P15,000.00 be invested if it will earned P60,000.00 after 4 years? 6. At what nominal rate compounded semi-annually should an amount of P35,000.00 be invested if it will earn P75,000.00 after 6 years?