Category: GEAS Solution

Solution: What is the present value of the inheritance as of the boy’s 6th birthday?

Solution: Find the present worth of a future payment of P100,000 to be made in 10 years

Solution: What is the amount of P12,800 in 4 years at 5% compounded quarterly?

Solution: What is the effective annual interest rate of 7.5% compounded quarterly?

Solution: What is the effective rate of 14% compounded semi-annually?

Solution: What is the effective annual interest rate on savings accounts?

Solution: Find how often the interest is compounded

Solution: What is the corresponding effective rate of 18% compounded semi-quarterly?

Solution: What is the effective rate?

Solution: How much will be repaid if the loan is paid back in one lump sum?