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Solve the following 1. You deposited P 74,600 in a savings account which pays 5% interest compounded semi-annually. How much will you get after 5 years? 2. Find the principal amount that will accumulate to P 55,780 at 4% interest rate compounded annually for 6 years? 3. Find the maturity value and interest if P 150,000 is invested at 5% compound annually for 6 years? 4. What is the present value of P 255,000 due in 7 years if money is worth 12% compounded annually? 5. Mr. and Mrs. Pascual would like to save P5,000 at the end of each month, for 8 months, in a fund that gives 5% interest compounded monthly. How much is the amount of future value and present value of their savings after 8 months?

PLSSS PASAGOT PO NEED KO LNG PO:<​

Sagot :

Rhum123idn

Answer:

2.97 years

Step-by-step explanation:

A=P(1+r)^n

A=20,000(1+0.12)^n

28,000=20,000(1+0.12)^n

=It will take 2.97 years for 20,000 to become 28,000 at 12% interest compounded annually

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