ASSESSMENT BUSINESS FINANCE 4TH QUARTER

Which of the following choices the best decisions in your personal life; that you are already have stable job as an executive, 30 years old having a good family. And luckily you won P 5million pesos in a lotto. While you're both parents retired from their jobs having with critical illness but maintained medically.

• 50% would buy my own insurance and family needs

• 50% would buy insurance both parents with a rider critical illness and disability

• 50% to repair house that would convenient to my parents situation and buy family car

• 50% invest in mutual funds and buy preferred shares of stocks

• 50% used to open a business and quit my job; concentrate in managing business and be an entrepreneur.

Which of the following two (2) choices the best decisions in your personal life; that you are already have stable job as an executive, 30 years old having a good family. And luckily you won P 5million pesos in a lotto. While you're both parents retired from their jobs having with critical illness but maintained medically. (select 2 choices)

answer choices

A) 50% would buy my own insurance and family needs

B) 50% would buy insurance both parents with a rider critical illness and disability.

C) 50% to repair house that would convenient to my parents situation and buy family car

D) 50% invest in mutual funds and buy preferred shares of stocks

E) 50% used to open a business and quit my job; concentrate in managing business and be an entrepreneur.

(a)  

Which of the following choices the best decisions in your personal life; that you are already have stable job as an executive, 30 years old having a good family. And luckily you won P 5million pesos in a lotto. While you're both parents retired from their jobs having with critical illness but maintained medically. (Select at least 2 Choices)

• 50% would buy my own insurance and family needs

• 50% would buy insurance both parents with a rider critical illness and disability.

• 50% to repair house that

  would convenient to my parents situation and buy family car

• 50% invest in mutual funds and buy preferred shares of stocks

• 50% used to open a business and quit my job; concentrate in managing business and be an entrepreneur.

What would be the biggest mistake if you are at your age of today; if you won P 20,000,000 million pesos.

• 10% will be donated to your Church

• 10% will be donated to charitable institution

• 10% will be use to give "balato" to your friends and family

• 10% will be organize to community pantry

• None of these were biggest mistake

Find the present value of Php 9,500.00 due in 4 years at 9% interest compounded semi-annually. (3 points)

(a)  

At 15% interest compounded quarterly, how much will be Php 2,000.00 be in 3 years? (3 points)

(a)  

Mark decided to borrow Php 5,000.00 at an annual simple interest rate of 2%. How much does he need to pay after 3 years and 6 months?

(a)  

Aries borrowed Php. 20,000.00 at 14% simple interest. How much does he need to pay after 6 years?

(a)  

ABCD Company is considering a project requiring an initial investment of Php 120,000.00. The project is expected to realize annual cash returns of Php 25,000.00 for 6 years. Calculate the payback period of the project.

Payback period = Initial Investment / Annual Cash returns

(a)