2) You plan to invest P50,000 now for three years and a bank will pay...
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2) You plan to invest P50,000 now for three years and a bank will pay you compound interest of 2.5% per year. What will be the value after three years? (2 points) 3) You plan to invest P20,000 each year beginning next year for five years at a 3% compound interest rate. What will be the future value of your investment? (2 points) 4) You need P24,000 each year beginning next year for ten years and a bank will pay 3% compound interest rate on your deposit. How much do you need to deposit now to realize this? (2 points) 5) Compute for amortization due and create amortization schedule on the following: (12 points) You borrowed money from BPI Savings with the following tenor
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