• Janna wants to have $52000 in her bank after 13 years. How much should she deposit if the money is worth 15% compounded continuously?
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- 4. For a deposit of $ 1023 at 7.8% interest compounded continuously over 4 years, find the interest earned? 5. Irish is offered to invest in a business firm that will make her money earn 6% compounded bimonthly. How long will it take for her money to triple?3. On january 1, 2016, Diana opened an account with a P 50,000 deposit. On january 1, 2017, she withdraws P 25,000 and on january 1, 2019 she deposits P 75,000. If the account earns 7.5% interest, compounded yearly, and no further deposits or withdraws are made, what was the balance on january 1, 2021?1.You deposit $50,000 into a fund that pays 5% per year compounded annually. You plan to make the following withdrawals. You withdraw $X one year from now, $2X three years from now, and $3X five years from now. If the last withdrawal depletes the fund, what is the value of X?
- Question 2 (1 point) Listen Rachel can earn 3% interest in her savings account. Her daughter Dani is 11 years old today. Suppose Rachel deposits $4000 today, and one year from today she deposits another $500. Each year she increases her deposit by $500 until she makes her last deposit on Dani's18th birthday. how much is on deposit after the 18th birthday? $20,635.62 $18,236.68 $23,623.00 $26,369.36 Previous Page Next PageMr. Giu invested P 102,200.00 in savings account. After 2 years, he deposited an amount of P 8,500. After 4 years from where he started saving, he deposited another P 73, 550 in the same savings account and left it for 5 years at which time an amount of P105, 600 is withdrawn. If the bank offered him a money worth of 8% compounded every two months, what will be his withdrawal amount at the end of 12 years?Question 7 A man bought a lot worth P1.1M if paid in cash. On the installment basis, he paid a down payment of P200,000, P300,000 at the end of one year, P400,000 at the end of three years, and a final payment at the end of five years. What was the final payment if interest was 16.3%? Express your answer in whole number. Question 7 of 50 A Moving to another question will save this response. acer F10 F11 F12 PrtSc Pause Del Home Pg Up F4 F5 F6 F7 F8 F9 F2 F3 Scr Lk SysRq Break Ins Coca' & %23 -Backspace Nuc Lo 4. € 6. 7 8 E R T Y
- 2. Your friend made an investment of P 45,000.00 for 60 days at 15% simple interest. If withholding tax is 20%, what is the net interest that he will receive at the end of two months?A young woman with the age of 20 has just passed the board exam. She accepts a teaching position at UPANG and desires to establish her own retirement fund. At the end of each year thereafter, she plans to deposit P 2,000 in a fund at 15% annual interest. How old will she be when the fund has an accumulated value of P 1,000,000? 50 years old 30 years old 51 years old 31 years oldA 21 year old inherits P100,000.00 from a distant relative who has deceased. She decides to spend some and invest the rest immediately in order to retire at 65 with a P1,000,000.00 savings account. At 8% interest compounded annually, how much must be invested?
- Liza is planning to buy aMazda 3 which has a price of 2.4million in cash. However, she wants to buy it installment for 5 years with 40 equal payments . If the interest rate is 8%, how much will she need to pay every payment?By the conditions of the will, the sum of 35,000 is left to a 12 year old girl to be held in a trust fund invested at 8% compounded quarterly. How much will she receive when she turns 18? Kindly answer the engineering economy problem above. thank youActivity 5: Check for Understandıng A young woman 22 years old has just graduated from college. She accepts a good job and desire to establish her own retirement fund. At the beginning of each year thereafter she plans to deposit P 2,000 in a fund at 15% annual interest. How old will she when the fund has an accumulated value of P 1,000,000