Question: with solution on every answer please pleaseee badly need it PROBLEM 1. Future Value and Compound Interest 1. Fill in the blank items. Principal Term

with solution on every answer please pleaseee badly need it PROBLEM

with solution on every answer please pleaseee badly need it

PROBLEM 1. Future Value and Compound Interest 1. Fill in the blank items. Principal Term of Loan Simple Interest 1. P 50,000 2. P 25,000 3.P 56,000 4.P23,000 5. P1,000 Annual Rate 15% 8% 12% 10% 13% 4 years 10 years 6 years 5 years 3 years Interest Future Compound Compounded Value Interest Bi-monthly 87,450.31 37,450.31 Quarterly 53,973.12 28,973.12 Annually 110,534.07 54,534.07 Semi-annually 37,041.73 14,041.73 Quarterly 2,658.44 1,658.44 2. Convert the given nominal interest rate to periodic interest and the total number. Nominal Rate 12% 9% 16% 10% 8% Term of Loan 5 years 8 years 4 years 6 years 3 years Interest Compounded Annually Semi-annually Quarterly Bi-monthly Monthly Periodic Rate 2.40% 1.13% Number of Interest periods 5 16 16 4.00% 1.67% 2.67% 36 36

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