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Annuity

This document contains the solutions to various time value of money problems completed by Sharina Mhyca A. Samonte. She calculated the future and present values of streams of payments over different periods of time with interest rates compounded periodically. The problems covered topics such as calculating future and present values, determining interest rates, and calculating payment amounts.

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Sharina Mhyca Samonte
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103 views3 pages

Annuity

This document contains the solutions to various time value of money problems completed by Sharina Mhyca A. Samonte. She calculated the future and present values of streams of payments over different periods of time with interest rates compounded periodically. The problems covered topics such as calculating future and present values, determining interest rates, and calculating payment amounts.

Uploaded by

Sharina Mhyca Samonte
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Name: ___Sharina Mhyca A.

Samonte_____ Score: _________ Rating: ________

Course, Yr. & Section: _BSBA-2A___   Date:  ____March 4, 2021_____

Exercise No. 12  


Complete the table below

Periodic Terms Future Value Present Value


Payment

1. P5,000.00 4 years, 10% compounded    


annually  FVF = 4.64 PVF = 3.17
F = ((5,000)(1.10)^4 - PV = 5,000 x
1)/.10 3.17
F = 23,205 PV = 15,850
2. 3,750.00 5 years, 8% compounded
semi-annually 45,022.90 30,415.86

3. 26,500.00 6 years, 12% compounded


quarterly 912,301.46 448,791.87

4. 32,750.00 3 years, 15% compounded


annually 113,724.38 74,775.62

5. 1,500.00 2 years, 16% compounded


monthly 42,099.62 30,635.31

6. 5,600.00 4 ½ years, 9% compounded


semi-annually 60,491.84 40,705.23

7. 7,800.00 7 ¼ % 4 ½ years compounded


quarterly 164,270.93 118,888.79

8. 2,560.00 8 ½ %, 6 ¼ years compounded


quarterly 83,319.36 49,254.31

9. 9,785.00 10%, 5 years compounded


annually 59,738.40 37,092.85
10. 6,259.00 12%, 6 years compounded
monthly 655,379.46 320,150.30

Name: _____Sharina Mhyca A. Samonte_____ Score: _________ Rating: ________

Course, Yr. & Section: ___BSBA-2A____   Date:  ____March 4, 2021_____

Assignment No. 12
Solve the following problems.

1. What is the future value of 20 periodic payments of P10,000 each made at the end of each
period and compounded at 12%?
Answer: 720,524.42

2. What is the present value of P5,000 to be received at the end of each 30 periods at 10%
compounded interest?
Answer:47,134.57

3. What is the future value of 15 deposits of P6,000 each made at the end of each period and
compounded at 8%?
Answer:162,912.68

4. What is the present value of six receipts of P24,000 each received at the end of each
period discounted at 9% compound interest?
Answer: 107,662.05

5. Find the interest rate compounded semi-annually on P456,000 whose periodic deposit of
P6,400 every end of six months for 15 years.
Answer: 5.40501 %

6. A man deposits P5,600 at the end of each 3 months in an account paying 15% converted
quarterly.  In order to accumulate P206,000, how many regular deposits every quarter
must he make?
Answer: 13

7. Find the amount and present value of P15,000 payable every three months for 8 years and
6 months if money is worth 8 ½% compounded quarterly.
Amount = 677,551.98
Present value = 360,546.27

8. A man deposits P16,200 every end of 6 months in an account paying 14% compounded
semi-annually.  What amount is in the account at the end of 10 years and 6 months?
Answer: 726,815.86

9. A video entertainment set is offered for sale for P25,000 down payment and 18 quarterly
payment of P1,950 for the balance. If interest is to be computed at 12% converted
quarterly, what is the cash price equivalent of the set?
Answer: 37,613.4

10. How much monthly deposit must be made for 6 years and 5 months in order to
accumulate P150,000 at 16% compounded semi-annually.  
Answer: 7,121.82

11. What sum will be paid at the end of each quarter for 8 years and six months, if the present
value is P60,500 and interest s paid at 12% compounded quarterly?
Answer: 2,862.98

12. Alexis wants to buy a land worth P1,200,000.  He can pay 40% of the price as down
payment and the balance payable every end of the month for 60 months, how much must
he pay monthly at 18% compounded monthly?
Answer: 18,283.27

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