Tag: Economics I Solution

Solution: What are the conditions on the rate of interest, i% per year compounded annually?

Solution: In how many year is required for P2,000 to increase by P3,000

Solution: How long will it take money to quadruple?

Solution: How much will a deposit of P1,500 be in 15 years?

Solution: How much must Alexander Michael pay at the end of two years?

Solution: Determine the total amount at the end of 5 years of P50,000

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?