[ENTREP] Chapter 2 Solving

Candice-JM banking company offers a 5.7% interest rate for a money investment. How many years would it double?

Candice opened a bank account last Jan. 1, 2024 amounting to 40,000 pesos. How much is the net interest income she will earn by Jan. 1, 2025?

• 20

• 25

• 30

• 40

How many percent is the bank commission for every investment?

• 10%

• 20%

• 15%

• 30%

Candice opened a bank account last Jan. 1, 2024 amounting to 550,000 pesos. How much would be the net interest income he will earn by July 1, 2025?

Candice opened a bank account last Jan. 1, 2024 amounting to 550,000 pesos. How much would be the net interest income he will earn by July 1, 2025? How much would be the bank commission?

JM offered Candice to try UITF. Candice decided to invest 200,000 pesos.

UITF NET VALUE: 12,200 pesos

How many shares can Candice buy?

JM offered Candice to try UITF. Candice decided to invest 200,000 pesos.

UITF NET VALUE: 12,200 pesos

After 6 months, net present value is at 13,400 pesos. How much would Candice earn per share?

JM offered Candice to try UITF. Candice decided to invest 200,000 pesos.

UITF NET VALUE: 12,200 pesos

After 6 months, net present value is at 13,400 pesos. How much is Candice's total earning after 6 months?

JM offered Candice to try UITF. Candice decided to invest 200,000 pesos.

UITF NET VALUE: 12,200 pesos

After 6 months, net present value is at 13,400 pesos. How much is Candice's total investment in the UITF?

JM offered Candice to try UITF. Candice decided to invest 200,000 pesos.

UITF NET VALUE: 12,200 pesos

Candice decided to withdraw his UITF after 8 months instead of 1 year.

Value per share: 11,800 pesos

How much would Candice earn per share?