16. teacher kaye is saving p2,000 every month by depositing it in a bank that gives an interest of 1% compounded quarterly. how much will she save in 5 years? 18. in order to have a fund of 1,000,000 at the end of 12 years, equal deposits every six months must be made. find the semi-annual payment if interest is 6% compounded annually? 20. a motorcycle is for sale p60,500 cash or on installment terms 3,000 per month for 2 years at 12% compounded annually. if you were the buyer, what would you prefer, cash or installment?
Kabuuang mga Sagot: 1