1. Engr. Salvador has to pay her bill in credit card in instalment basis.

First payment is ₱10,000

2. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P15,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum? ANS. 127,946.5572

3. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P50,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum? ANS.210,474.7266
4. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P30,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum? ANS. 163,315.7727
5. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P20,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum? ANS.139,736

6. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P60,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum?ANS. 234,054.2035
7. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P35,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum? ANS. 175,105.5112
8. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P45,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum?ANS.198,684.9881
9. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P55,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum?ANS.222,264.465
10. Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P40,000
at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and
 ₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10
years at a rate of 10% per annum? ANS.186,895.2496
11. A 8% discount rate is given. Compute for the interest rate. ANS.8.6956
12. A 1% discount rate is given. Compute for the interest rate. ANS. 1
13. A 10% discount rate is given. Compute for the interest rate. ANS.1.1
14. A 10% discount rate is given. Compute for the interest rate.ANS.1.1

15. A 9% discount rate is given. Compute for the interest rate. ANS. 9.89
16. A 6% discount rate is given. Compute for the interest rate. ANS.6.382
17. A 5% discount rate is given. Compute for the interest rate.ANS. 5.2631
18. A 3% discount rate is given. Compute for the interest rate. ANS. 3.0928
19. A 7% discount rate is given. Compute for the interest rate. ANS. 7.52
20. A 2% discount rate is given. Compute for the interest rate. ANS. 2.0408
21. The president of a growing firm wishes to give each of 20 employees a holiday bonus. How
much is needed to invest monthly for a year at 2% nominal interest rate, compounded
monthly, so that each employee will receive ₱1,000 bonus?

22. Money borrowed today is to be paid in 8 equal payments at the end of each quarter. If the
interest is 1% compounded quarterly, how much was initially borrowed if quarterly
payment is ₱ 37,291? ANS.295,000
23. How much money must you invest today in order to withdraw ₱ 13,724 annually for5 years
if the interest rate is 4.32%?

24. What is the accumulated amount of a 10-year annuity paying ₱ 1,744at the end of each
year, with interest at 4% compounded annually?
25. A ₱ 71,649 debt is to be paid off in eight equal quarterly payments at 8% compounded
quarterly. What should be the amount of each payment?
26. How much do eight ₱ 69,058 quarterly payments amount at present, if the interest rate is 3
compounded quarterly?
27. A gasoline engine is available on instalment basis with a down payment of ₱ 11,652 and ₱
16,027 at the end of each month for one year. What is the cash price of the engine if
interest is set at 8.28% compounded monthly?

28. If money is worth 9.38% annually, what annual payment is required to raise ₱ 16,597 after 5
years?
29. At 3% interest rate, how much should you invest today to be able to withdraw ₱ 1,770
annually for 8 years?
30. A man secured a ₱ 7,280 loan at 5 % interest rate. Find the annual amortization to
extinguish it in 2 years. ANS. 3915.219
31. At 4% interest rate, how much should you invest today to be able to withdraw ₱
2,117annually for 7 years if payments are done every beginning of the month?
32. How much do ten ₱ 6,708 quarterly payments amount at present, if the interest rate is 4
compounded quarterly if payments are done every beginning of the month?
33. Money borrowed today is to be paid in 10 equal payments at the beginning of each quarter.
If the interest is 1% compounded quarterly, how much was initially borrowed if quarterly
payment is ₱ 49,214 if payments are done every beginning of the month? ANS.486,653.80

34. A gasoline engine is available on instalment basis with a down payment of ₱ 11,645 and ₱
4,158 at the end of each month for one year. What is the cash price of the engine if interest
is set at 9% compounded monthly if payments are done every beginning of the month?

ANS. 59,547.96

35. What is the accumulated amount of a 6-year annuity paying ₱ 1,345at the end of each year
with interest at 2% compounded annually if payments are done every beginning of the
month
ANS.

36. year, with interest at 2% compounded annually if payments are done every beginning of the
month?
37. A ₱ 26,823debt is to be paid off in eight equal quarterly payments at 3% compounded
quarterly. What should be the amount of each payment if payments are done every
beginning of the month?
38. A man secured a ₱ 9,771 loan at 2 % interest rate. Find the annual amortization to
extinguish it in 2 years if payments are done every beginning of the month.

39. How much money must you invest today in order to withdraw ₱ 13,257 annually for5 years
if the interest rate is 4.28% if payments are done every beginning of the month?
40. If money is worth 7% annually, what annual payment is required to raise ₱ 17,173 after 4
years if payments are done every beginning of the month?
41. The president of a growing firm wishes to give each of 19 employees a holiday bonus. How
much is needed to invest monthly for a year at 3% nominal interest rate, compounded
monthly, so that each employee will receive ₱1,000 bonus and if payments are done every
beginning of the month?

42.A man secured a ₱ 9,178 loan at 3 % interest rate. Find the annual amortization to extinguish
it in 2 years ANS. 4,796.5223
43. What is the accumulated amount of a 9-year annuity paying ₱ 1,109at the end of each year, with
interest at 2% compounded annually? ANS 10,817.8829

44. A gasoline engine is available on instalment basis with a down payment of ₱ 11,652 and ₱
16,027 at the end of each month for one year. What is the cash price of the engine if interest is set at
8.28% compounded monthly? ANS. 196,890.372
How much money must you invest today in order to withdraw ₱ 13,724 annually for5 years if the
interest rate is 4.32%?

How much do eight ₱ 64,055 quarterly payments amount at present, if the interest rate is 2
compounded quarterly?\
 A ₱ 72,179 debt is to be paid off in eight equal quarterly payments at 7% compounded
quarterly. What should be the amount of each payment?