5.find the present value of P30,000 due in 5years if money is worth 7% compounded semiannually. A.P21,267.56
B.P18,491.22
C.P19,415.81
D.P22,461.92
6.if money is invested at 11% compounded quarterly, find the present value of P8,700 due at the end of 2years.
A.P5,202.21
B.P8,002.11
C.P7,002.69
D.P6,503.12
7.Hanna invested P8,000 in a fixed deposit for 2years at a compound interest rate of 5% perannum. how much hannah will get after two years.
A.P8830
B.P8620
C.P8510
D.P8730
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Answer:
1 C
2 A
3 B
4 A
5 C
6 B
7 A
Step-by-step explanation:
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