Tag: Economics I Solution
Solution: What is the present worth of two P100 payments?
Solution: Compare how much money you will save or lose on the transaction.
Solution: When will the girl receive the money if the fund is invested at 8% compounded quarterly?
Solution: How much, in terms of year zero pesos will be in the account at maturity?
Solution: How much is the sum of money now deposited 20.15 years ago?
Solution: How much is that money worth now considering interest at 8% compounded quarterly?
Solution: Determine the interest rate paid on this account.
Solution: How much will the merchant collect at the end of the sixth year?
Solution: What will be the withdrawal amount at the end of the 16th year?
Solution: Find the compounded interest at the end of 10 years.
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