SOWHAT0819
Addict
NOTE: I will not tolerate any IA Computations or AI Generator I want a Legit Solution that is all!!!!
1. A loan of P20,000 is due on the 2nd year, while a loan of P40,000 is due on the 4th year. The borrower ρáíd P15,000 on the 3rd year. How much is still payable if the lender wants to collect everything on the 5th year? Use simple interest of 10% per year and compound interest of 5% compounding annually.
2. Marissa plans to invest on a land. Based on the economic status, land appreciates at an interest rate of 10% per annum. If she plans to sell it for $50,000 in ten years, how much should she pay the land now? If she bought the land for $5,000 now, how much should she sell the land 20 years from now?
1. A loan of P20,000 is due on the 2nd year, while a loan of P40,000 is due on the 4th year. The borrower ρáíd P15,000 on the 3rd year. How much is still payable if the lender wants to collect everything on the 5th year? Use simple interest of 10% per year and compound interest of 5% compounding annually.
2. Marissa plans to invest on a land. Based on the economic status, land appreciates at an interest rate of 10% per annum. If she plans to sell it for $50,000 in ten years, how much should she pay the land now? If she bought the land for $5,000 now, how much should she sell the land 20 years from now?