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Oksanka [162]
3 years ago
14

Find the present value of Php 50,000.00 due in 4 years if money is invested at 12% compounded semi-annually.

Mathematics
1 answer:
AlexFokin [52]3 years ago
4 0
In this case, Php 50,000 money invested for 4 years with 12% rates. If the rate is 12% compounded semi-annually that means it would be 6%/ 6 months. Then the amount of money after 4 years would be:

Php 50,000.00 * (100+6)%^(4 years/ 6 months)=
Php 50,000.00 * 106%^(8)= Php <span>79,692.40</span>
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One number is 4 times as large another. The sum of their reciprocals is 45/4. Find the two numbers
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Let, 
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According to the question,
x = 4y ......................................................equation (1)

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Taking equation (2)
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Substituting the value of "x" from equation (1), we get,

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\frac{1}{4y} + \frac{1}{y}* \frac{4}{4} = \frac{45}{4}

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Cross multiplying, we get,

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Now,
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x = 4y
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x = 4( \frac{1}{9} )

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