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Questions and Answers
What is the given principal amount (P) in the problem?
Php5,000,000.00
What is the frequency of compounding (n) in the problem?
12
What is the formula used to calculate the maturity value (MP)?
MP = P [(1 + (FRN/n))^ (n* t)]
What is the fixed rate of nominal interest (FRN) in the problem?
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What is the maturity value (MP) calculated in the problem?
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NORTHWEST SAMAR STATE UNIVERSITY PROBLEM 1: GIVEN: P = Php5,000,000.00 t = 20 years FRN= 2% +5% = 7% n = 12 FORMULA: MP = PH -nt] MP - 1 5,000,000 [____ - 0.07 n = 12 29,166.67 MP = [4.071857496475] MP = Php7, 163.00 KTC
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NORTHWEST SAMAR STATE UNIVERSITY PROBLEM 1: GIVEN: P = Php5,000,000.00 t = 20 years FRN= 2% +5% = 7% n = 12 FORMULA: MP = PH -nt] MP - 1 5,000,000 [0.07 - ____ n = 12 29,166.67 MP = [4.071857496475] MP = Php7, 163.00 KTC
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NORTHWEST SAMAR STATE UNIVERSITY PROBLEM 1: GIVEN: P = Php5,000,000.00 t = 20 years FRN= 2% +5% = 7% n = 12 FORMULA: MP = PH -nt] MP - 1 5,000,000 [0.07 - 0.07 n = ____ 29,166.67 MP = [4.071857496475] MP = Php7, 163.00 KTC
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NORTHWEST SAMAR STATE UNIVERSITY PROBLEM 1: GIVEN: P = Php5,000,000.00 t = 20 years FRN= 2% +5% = 7% n = ____ FORMULA: MP = PH -nt] MP - 1 5,000,000 [0.07 - 0.07 n = 12 29,166.67 MP = [4.071857496475] MP = Php7, 163.00 KTC
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NORTHWEST SAMAR STATE UNIVERSITY PROBLEM 1: GIVEN: ____ = Php5,000,000.00 t = 20 years FRN= 2% +5% = 7% n = 12 FORMULA: MP = PH -nt] MP - 1 5,000,000 [0.07 - 0.07 n = 12 29,166.67 MP = [4.071857496475] MP = Php7, 163.00 KTC
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