Category: Economics problem

Solution: Find the rate of interest if compound amount factor compounded bi-monthly

Solution: If it was made at 16% compounded continuously

Solution: If it was made at 16% compounded bi-monthly

Solution: If it was made at a simple interest rate of 16%

Solution: Compute the nearest value of the rate of interest for that period

Solution: What is the nearest value of the interest rate?

Solution: What was the rate of interest that the bank collected in advance?

Solution: Compute the value of the single payment present worth factor

Solution: Find the discount if P2,000 is discounted for 6 months at 8% compounded quarterly

Solution: What is the difference of the amount 3 years from now for a 10% simple interest