A.

Complete the table

P (peso) r (%) t (years) i (peso) A or FV (peso)
24,500 5 4 1) 4,900 2) 29400
12,000 6.5 3) 3.5 yrs or 3 2,730 4) 14,730
years and
6 months
5) 147,000 6 6) 1/3 yr 2,940 149,940
7) 3,4090.90909 7.5 3yrs and 8 months 9,375 8) 4,3465.90909
67,800 9) 4.3 4 yrs and 90 days 12,246.75 10) 80,180.46575

B. Word Problem
156895.20
1. 𝑃 = = 133527.8298
1+(0.035)(5)
2. Given: A=62500, P=50000, n=monthly (12), t=5 yrs
1
𝐴 𝑛𝑡
Formula: 𝑖 = 𝑛 [( ) − 1]
𝑃

Substitute:
1
62500 12(5)
𝑖 = 12 [( ) − 1] × 100
50000
𝑖 = 4.47%

3. Given: 𝑟 = 2.75% 𝑜𝑟 0.0275

𝐼 = 3,300
4
𝑡 = 120𝑑𝑎𝑦𝑠 𝑜𝑟 4 𝑚𝑜𝑛𝑡ℎ𝑠 𝑜𝑟 𝑦𝑟𝑠
12
𝐼
Formula: 𝑃 =
𝑡
Substitute:
3,300
𝑃= 4 = 360,000
0.0275(12)
4. Given: 𝐴 = 180,500
𝑟 = 5.25% 𝑜𝑟 0.0525
𝑛=4
𝑡 = 3 𝑦𝑒𝑎𝑟𝑠 𝑎𝑛𝑑 6 𝑚𝑜𝑛𝑡ℎ𝑠 𝑜𝑟 3.5 𝑦𝑒𝑎𝑟𝑠
Formula:
𝑖
𝑃 = 𝐴(1 + )−𝑛𝑡
𝑛

Substitute:
0.0525 −4(3.5)
𝑃 = 180,500 (1 + )
4

𝑃 = 150,381.6188

5. Ewan, Walang “n”

6. Given: 𝐴 = 260,000
𝑃 = 250,000
𝑛=1
𝑖 = 2%
Formula:
𝑖
𝐴 = 𝑃(1 + )𝑛𝑡
𝑛

Substitute:
0.02 1(𝑡)
260000 = 250000(1 + )
1

Shift solve: press shift + calc + equals

𝑡 = 1.98 𝑦𝑒𝑎𝑟𝑠 𝑓𝑜𝑟 250000 𝑡𝑜 𝑎𝑐𝑐𝑢𝑚𝑢𝑙𝑎𝑡𝑒 260000