Seatwork
Seatwork
Name: PENAS, CHARY ANN C. Date:
05/04/2021
2. Find the cash equivalent of an item
that sells for Php 20, 000 cash and 20
1. Find the present value of an semi-annual payments of Php 5, 500
annual payment of ₱ 700 which each, the first is due at the end of 3
is worth 5% compounded years, if money is worth 10%
annually. The first payment is compounded semi-annually.
made at the end of 7 years and
the last payment is made at the
end of 15 years. GIVEN: CV = 20,000 + P
R = ₱ 5,500
GIVEN: R = ₱ 700
t = 10
t = 8 years
m=2
m=1
j = 0.1
j = 0.05
i =0.05
i =0.05
n = (2)(10) = 20
n = (1)(8) = 8
d=5
d=6
P=?
P=?
P=R ¿
P=R ¿ P=5,500 ¿
P=700 ¿ P=¿53,704.57
P= ₱ 3,376.06
CV = 20, 000 + 53,704.57
CV = Php 73,704.57
3. Mr. Quijano decided to sell
their farm and to deposit the
fund in a bank. After
computing the interest, they 4. A certain fund is to established
learned that they may be today in order to pay for the
withdraw ₱480 000 yearly for 8 Php 6 500 worth of monthly
years starting at the end of 6 rent for a commercial space. If
years when it is time for him to the payments for rent will start
retire. How much fund next year and the fund must be
deposited if the interest is 5% sufficient to pay for the
converted annually? monthly rental for two years,
how much must be deposited at
GIVEN: R = ₱ 480, 000 3.5% interest compounded
monthly.
t = 8 years
GIVEN: R = ₱ 6,500
m=1
t = 2 years
j = 0.05
m = 12
i =0.05
j = 0.035
n = (1)(8) = 8
i =0.035/12
p=6
n = (12)(2) = 24
d=5
d = 12
P=?
P=?
P=R ¿
P=480,000 ¿ P=R ¿
P=6,500¿
P = ₱2,430,766.23 P = ₱ 145,286.10