EXAMIANS
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?
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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?
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What is the feature of some bonds whereby the issuer can redeem it before it matures?
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The product of CAF (S P) and PWF (S P) is:
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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?
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What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?
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In case of bankruptcy of a partnership,
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Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.
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What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?
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It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?
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