1. Monthly paymentsof P3,000 for 4 years with interest rate of 3%
compounded monthly
F = 152,793.70
2. Quarterly paymentof P5,000 for 10 years with interest rate of 2%
compounded quarterly
F = 2,239,232.20
3. Semi-annualpayments of P12, 500 with interest rate of 10.5%
compoundedsemi-annually for 6 years
F = 201,867.60
4. Annual paymentsof P105,000 with interest rate of 12% compounded
annually for 5 years
F = 667,048.10
5. Daily payments ofP20 for 30 days with interest rate of 20%
compounded daily for1 month
F = ?
Hello! I just want to ask if my answer from 1 to 4 is correct, I'm having a trouble on the last one, any help will be greatly appreciated.
compounded monthly
F = 152,793.70
2. Quarterly paymentof P5,000 for 10 years with interest rate of 2%
compounded quarterly
F = 2,239,232.20
3. Semi-annualpayments of P12, 500 with interest rate of 10.5%
compoundedsemi-annually for 6 years
F = 201,867.60
4. Annual paymentsof P105,000 with interest rate of 12% compounded
annually for 5 years
F = 667,048.10
5. Daily payments ofP20 for 30 days with interest rate of 20%
compounded daily for1 month
F = ?
Hello! I just want to ask if my answer from 1 to 4 is correct, I'm having a trouble on the last one, any help will be greatly appreciated.