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Quiz # 4

A. Complete the table by computing for the compound amounts, compound interests and present values.

Principa Nomina Interest Frequency Interes Years Total Compoun Compoun


l l Rate compounde of t rate Number of d Interests d Amount
d Conversion per conversion (I) (F)
s period s per year
5,000 6% Semi- 1. 2. 10 3. 4. 5.
annually
30,000 2% Quarterly 6. 7. 3 years 8. 9. 10.
and 9
month
s
11. 10% monthly 12. 13. 5 14. 15. 100,000

B. Solve the following problems in compound interests.


1. Find the compound amount due in 8 years is 200,000 is invested at 12% compound monthly.
2. What present value, compounded quarterly at 6%, will amount to 59,780.91 in 3 years?

Quiz # 4

A. Complete the table by computing for the compound amounts, compound interests and present values.

Principa Nomina Interest Frequency Interes Years Total Compoun Compoun


l l Rate compounde of t rate Number of d Interests d Amount
d Conversion per conversion (I) (F)
s period s per year
5,000 6% Semi- 1. 2. 10 3. 4. 5.
annually
30,000 2% Quarterly 6. 7. 3 years 8. 9. 10.
and 9
month
s
11. 10% monthly 12. 13. 5 14. 15. 100,000

B. Solve the following problems in compound interests.


1. Find the compound amount due in 8 years is 200,000 is invested at 12% compound monthly.
2. What present value, compounded quarterly at 6%, will amount to 59,780.91 in 3 years?

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