Gallivo, Alyana A.

F2A

TVM

1. Scarlet has a deposit of P4,500 in the bank. What will be the amount of her
deposit in nine years at 7%? FV = PV x (1+r)t

=8,273.07

2. Leon, the brother of Scarlet also has a deposit of P4,500 in the bank. What
will be the amount of his deposit in six years at 10% compounded
semiannually? FV = PV x (1+r)t

= 4,500 x (1+10%)

= 8,081.35

3. High Land Property Development Corp has a P10,000 note receivable from a
customer due in three years. How much is the note worth today if the interest
rate is 12% compounded monthly?

= 7,117.80

4. Your sister borrowed P5,000 from you and promised to repay P5,550 in one
year. What interest rates are implied by the lending arrangements? FV = PV
[FVFk,n ] or FV = PV x (1 + r)t

= 11%

5. Mrs. Z is purchasing an automatic washing machine in an installment basis.

She is given 3 monthly installments of P6,000 per month with an interest rate
of 10%. What is the price that Mrs Z is paying for the washing machine?

= 14,921.11