1. Suntech distributors inc., deposits P5000 at the beginning of each 3-months period for 6years in an account paying 8% interest compounded quarterly.
a. How much will be in the account at the end of the 6 years period?
b. What is the total amount of the interest earned in this account?
2. Silver tip golf course management has contracted to pay a gold green maintenance specialist a $680 monthly fee at the end of each month to provide advice on improving the quality of the greens on its 18-hole course. How much should be deposited now into an account that earns 6% compounded monthly to be able to make monthly payments to the consultant for the next year?
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Certainfraction,its value increased3. when three is added to both the numerator and denomenator of avalde decreased by 9/40. however, when 3 u subtracted by bothby 9/10. find the denominator of original traction.
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