COLLABORATION ACTIVITY 2 (PAIR 2)

COLLABORATION ACTIVITY 2 (PAIR 2)

Published on 3 November 2021

FDNBUSM COLLABORATION ACTIVITY #2 (MADE BY: TANA MELGAR AND KENSHIN CORRAL

Transcript
00:00
COLLABORATION ACTIVITY #2 CORRAL & MELGAR (PAIR 2)
00:07
QUESTIONS
00:07
1-What is the compound amount of P35,000 invested at 24% interest compounded monthly for 15 months?
00:09
3- If a certain principal is doubled in 16 years, what is the interest rate compounded quarterly at which it is invested?
00:20
SOLUTION TO #1
00:22
GIVEN: P = 35,000 j = 24% m = 12 t = 1.25 years F = ?
00:24
The Compound Amount is Php 47, 105.45.
00:29
SOLUTION TO #3
00:30
GIVEN: P = x F = 2x t = 16 m = 4 i = ?
00:32
The interest rate is 1.08%.
00:41
THANK YOU FOR WATCHING
00:41
HOPE YOU LEARNED SOMETHING NEW!