Module 1
Sunday, 18 August 2024 8:15 pm
CP 1
Clara has invested P10,000 , part at 5% and the remainder at 10% simple interest. How much is invested at higher rate
if the total annual interest from this investment is P950 ?
CP 2
Determine the accumulated amount using exact simple interest on P10,000 for the period from
January 20, 1990 to November 28 of the same year at 15% interest rate.
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CP 3
You owe P120,000 from a friend and promise to pay 6% simple interest. How much will you pay at the
end of 9 months? How about at the end of one year and 6 months?
CP 4
A price tag of P150,000 is payable in 60 days. A 3% discount is offered if paid in 30 days. What is the
rate of simple interest?
CP 5
A son will inherit P500,000 in three years has a savings account that pays 5.5% per year,
compounded annually. What is the present worth of the son's inheritance?
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CP7
P1,500 was deposited in a bank account 20 years ago. Today it is worth P3,000. Interest paid semi-
annually. Determine the interest rate paid on this account.
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CP8
Find the amount of P12,800 in 4 years at 5% compounded quarterly.
CP9
By the condition of a will, the sum of P2000 is left to a girl to be held in trust fund by her guardian
until it amounts to P50,000. When will the girl received the money if the fund is invested at 8%
compounded quarterly?
CP10
In 1960, the average value of a house is P300,000. In 2010, the average value of the same house
model is P2,132,000. What is the rate of inflation of the house?
CP11
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CP11
In year zero, you invest P100,000 in a 15% security for 10 years. During that time, the average
annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?
CP12
In 1980, a couple invested P10,000 for 5 years at the rate of 16% annually. During that time the rate
of inflation is 5% compounded annually. How much money will he gave in 1985 and how much
profit is realized over the 5 years?
CP13
A man desires to have P30000 in a savings account when he retires in 20 years. This amount is
equivalent to P30,000 in today's purchasing power. If the expected average inflation rate is 7% per
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CP13
A man desires to have P30000 in a savings account when he retires in 20 years. This amount is
equivalent to P30,000 in today's purchasing power. If the expected average inflation rate is 7% per
year and the savings account earns 5% what lump sum of money should the man deposit now in his
savings account?
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