What amount must be invested now in savings account earning 9% compounded quarterly to accumulate a total of ₱21,000 after 4¾ years?

Determine the maturity value of ₱3,000 invested at 9.5% compounded semiannually for 3½ years.

What will be the maturity value of ₱12,000 invested for 4 years at 15% compounded quarterly?

Ruben owes 105,000 on a 6%, 135-day note. On the day 35, he pays ₱45,000 on the note. What is the new maturity value of loan?

Cain placed ₱18,000 in a 240-day term deposit earning 8½% per annum. How much will the bank pay Cain on the maturity date?

Amy makes an investment by lending ₱24,000 to Betty for 2 years at an interest rate of 11% per annum. What is the maturity value of the investment?

What is the present value of ₱5,275 due in 6 months if 11% interest is paid?

Martha paid ₱9,250 on a loan made 6 months before at 12% simple interest. Find the interest generated.

What amount of interest will be charged on ₱7,300 borrowed for 3 years at a simple interest rate of 12% per annum?

If a nine-month term deposit at a bank a simple interest rate of 9% per annum, how much will have to be deposited to earn ₱225 of interest?

Thea wants to provide a ₱200,000 graduation gift for her daughter Bea who is now 16 years old. She would like the fund to be available by the time her daughter is 20. She decided on an investment that pays 10% compounded quarterly. How large must the deposit be?