3. Luis' current savings amount to P25 000. He wants to put this amount in an Investment that earns a \( 5.25 \% \) simple interest annually. How much will the maturity value of the money be after 3 years? Solution and answer:

A couple plans to save for their child's college education. What principal must be deposited by the parents when their child is born in order to have \( \$ 41,000 \) when the child reaches the age of 18 ? Assume the money earns \( 7 \% \) interest, compounded quarterly. (Round your answer to two decimal places.) \( \$ \)

Se requiere comprar dentro de 12 meses un nuevo equipo de ordeño. Se proyecta que el valor del equipo será de \( \$ 450.000 \). considerando una tasa de \( 9 \% \) capitalizable bimestralmente, ¿Cuál será el monto de los depósitos que se debe realizar al inicio de cada bimestre para disponer de dicha suma? \( (5 \text { puntos })^{*} \)

DETAILS MY NOTES AUFEXC4 11.4.021. A mutual fund has total assets of \( \$ 45,000,000 \) and total liabilities of \( \$ 4,000,000 \). There are \( 2,100,000 \) shares outstanding. Find the net asset value of the mutual fund. (Round your answer to the nearest cent.) \( \$ \square \)

An account is opened with an initial deposit of \( \$ 2,400 \) and earns \( 3.9 \% \) interest compounded monthly. What will the account be worth in 21 years? (round to 2 decimal places) Your Answer:

DETAILS MY NOTES AUFEXC4 11.2.047. A couple plans to save for their child's college education. What principal must be deposited by the parents when their child is born in order to have \( \$ 41,000 \) when the child reaches the age of 18 ? Assume the money earns \( 7 \% \) interest, compounded quarterly. (Round your answer to two decimal places.) \( \$ \square \)