1.
The amount amount of P12800 P12800 in 4years 4years at at 5% compounded compounded quarterly quarterly is _____. _____. A. P14!85."4 #. P1$"11.2$ . P15$14.5&' (. P1584!.""
2.
P500000 P500000 )as deposited deposited at an interest interest of $% compounded compounded quarterly quarterly.. #ompute #ompute the compound compound interest interest after 4 years and and & months. A. P18""2!."! #. P1582!0."! . P1!8"$2."! (. P1$"4!5."!'
".
A certain certain amount amount )as deposite deposited d 5 years and & months months a*o at at an interest interest of 8% compounded compounded quarter quarterly. ly. +f +f the sum no) is P"15"!&.85 ho) much )as the amount deposited, A. P200000' #. P240000 . P180000 (. P2$0000
4.
-ind the time time required required for a sum sum of money to triple triple itself itself at 5% per annum annum compounde compounded d continuously continuously.. A. 21.&! years' #. 18.2" years . 25."4 years (. 2"."$ years
5.
+f the effectie effectie rate rate is 24% )hat )hat nominal nominal rate of interest interest is char*ed char*ed for a continu continuously ously compound compounded ed loan, A. 2".25% #. 21.51%' . 22."5% (. 21.&0%
$.
P200000 P200000 )as placed placed in a time deposi depositt at /% compounded compounded quarter quarterly ly and )as free free of ta/es. After After e/actly 5 years years the total interest earned )as P120000. hat is the alue of /, A. &.5%' #. $."5% . 8.21% (. !.12%
!.
-ifteen years years a*o P1000 P1000.00 .00 )as deposited deposited in in a an account account and and today it is )orth )orth P2."!0.00. P2."!0.00. The The an pays pays interest interest semi3annually. hat )as the interest rate paid on t his account, A. 4.&% #. 5.0% . 5.8%' (. ".8%
8.
ou ou orro) orro) P"500.00 P"500.00 for one one year from a friend friend at an intere interest st rate of 1.5% 1.5% per month month instead instead of tain* a loan loan from a an at a rate of 18% per year. #ompare ho) much money you )ill sae or lose on the transaction. A. pay P155 more if you orro)ed from the an . sae P55 y orro)in* from your friend' #. pay P85 more if you orro)ed from the an (. sae P&5 y orro)in* from your friend
&.
+f you orro)ed orro)ed money money from your your friend )ith )ith simple simple interest interest of 12% 12% find the present present )orth )orth of P50000 P50000 )hich is is due at the end of !months. A. P4$200 #. P4$!2&' . P448&" (. P45!8&
10. +f money is )orth 5% 5% compounded semi3annually semi3annually find the present alue of of a sequence of 12 semi3annual payments payments of P500 each the first of )hich is due at the end of 4.5 years. A. P!1$1.42 #. P$240.$2 . P5$02.$2 (. P420&.51' 11. A machine costin* P!20000 is estimated estimated to hae a life of 10 years. years. +f the annual rate of depreciation is 25% determine the total depreciation usin* a constant percenta*e of the declinin* alance method. A. P$!&454.2!' #. P5"2825.!" . P4"2!25.45 (. P!$424"."" 12. An earth moin* equipment equipment that cost P&0000 )ill hae an estimated estimated sala*e alue of P18000 at the end of 8 years. sin* doule3declinin* alance method compute the oo alue and the total depreciation at the end of the 5th year. A. P21"5!.42 6 P$8$42.58' #. P24"$2.48 6 P$5$"!.52 . P15 P158 8"0 "0." ."4 4 6 P!4 P!41$ 1$&. &.$$ $$ (. P1& P1&4 442 42.! .!8 8 6 P!0 P!055 55!. !.22 22 1". An equipment )hich cost cost P200000 has a useful life of 8 years )ith a sala*e alue of P25000 at the end of its useful life. +f the depreciation at the first year is P218!5 )hat method is used in the calculation of depreciation, A. 7trai*ht ine' #. (eclinin* alance . 7inin* -und (. 7um of ears (i*it 14. A father )ishes to proide P4000 for his son on his his 21st irthday. 9o) much should he deposit eery $ months in a sain*s an )hich pays "% compounded semi3annually if the first deposit is made )hen the son is ".5 years old, A. P84.$1' #. P45.!$
. P&4.24
(. P!8.$8
15. The first cost of a certain equipment is P"24000 and a sala*e alue of P50000 at the end of its life of 4 years. +f money is )orth $% compounded annually find the capitali:ed cost. A. P1"$!&01.15' #. P&"$4"1.1$ . P142!84$.1! (. P84"&1$.2! 1$. +f money is )orth 12% compounded quarterly )hat is the present alue of the perpetuity of P1000 payale monthly, A. P45"8!$.80 #. P"42&&".!0 . P100&!$.2" (. P100&&".!8' 1!. hat refers to the present )orth of the proale future net earnin*s, A. Total fair alue #. ;oin* concern alue . Total maret alue (.
are? A. -e) sellers and fe) uyers #. @any sellers and fe) uyers' . -e) sellers and many uyers (. =ne seller and fe) uyers
