Tag: Economics I Solution

Solution: When will the girl receive the money of the fund if invested at 8% compounded quarterly?

Solution: What does he receive?

Solution: What is the highest rate, simple interest at which the buyer can afford

Solution: What then will be the effective interest rate?

Solution: Find the rate of interest

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

Solution: What is the accumulated amount of P10,000 after 10 years?

Solution: Find the rate of return annually

Solution: What was the rate of discount and the rate of interest

Solution: At what rate is the buyer paying simple interest if he agree to pay at the end of 120 days?