1 What will be the FV of your deposit of P

678,485.00 in 5 years if earning 10% per

annum?

2 You just earned 7% commission from

selling a private lot for P 27,000,000.00.
you decide to deposit all that you have
earned at the bank. What will be the future
value (FV) of your deposit after 5 years if
earning 6% compound interest?

3 You are earning well as a real estate agent

selling Westwoods Grand lots. The price of
the corner lot is sold at 6,100 per sqm. You
just sold 12 units of 352 sqm lots. Your
commission is 3% on each lot. If you can set
aside P 120,000.00 annually, what will be
the future value of your deposits in 10
years if it earns 10% compound interest?
4 Congratulations! You just won
P 58,339,120.00 in the Grand Lotto and
much to your luck, it's tax free! You decide
to buy a car worth P 2,758,550.00. The rest
of the money will be deposited at the bank.
What will be the value of your deposit in 7
years in it is earning 11% compound
interest per annum?

5 This is the first year your child goes to

school. Henry and Rhodora decide to save
for the future of their son. Henry is earning
P 70,000 every month. They both decide to
keep 20% of his earnings to save for the
educational fund of their son. What will be
the future value of his yearly deposit after
15 years if it is earning 8% compound
interest?