Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question #1: How much interest is yield on the 1st year?

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question #2: How much is the maturity value on the 1st year?

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question #3: The interest earned during the second year is 43200. Show the solution in getting the interest for the 2nd year?

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question # 5: If the amount of the maturity value after 3 years is computed as, (583,200 + 46,656 = 629,856) how much principal is brought forward on year 3?

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question # 6: If the amount of the maturity value after 3 years is computed as, (583,200 + 46,656 = 629,856) how much is the interest compounded on the 3rd year?

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question # 7: If the amount of the maturity value after 4 years is computed as, (629,856 + 50,388.48 = 680,244.48) how much principal is brought forward on year 3?

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question # 8: If the amount of the maturity value after 4 years is computed as, (629,856 + 50,388.48 = 680,244.48) show the solution for compound interest yield on year 3?

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question # 9: Compute for the compound interest on the 5th year? Show your solution.

Assuming that your father asks you about investment and wants to know the interest that will be earned if he will invest ₱500,000.00 in a certain bank that offers an annual compounding interest of 8% for 5 years.

Question # 10: How much is the amount at the end of year 5 (Maturity Value)