How much must deposit today to withdraw in five years

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Reference no: EM132664485

Problem 1: How much must you deposit today to withdraw P100,000 in 5 years if the deposit earns 10 percent interest compounded annually?

a) P 62,092.00 c) P 38,554.00
b) P 68,313.00 d) P 61,391.00

Problem 2: What is the future value of a P600,000 single payment, compounded annually at 7% for 6 years?

a) P 963,469.00 c) P 845,750.00
b) P 737,553.00 d) P 900,438.00

Problem 3: What is the present value of a P200,000 single payment, compounded annually at 3% for 7 years?

a) P 167,497.00 c) P162,618.00
b) P 165,852.00 d) P160,618.00

Reference no: EM132664485

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