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Group 2 in Years in Months in Days Time Investment Rate Interest

The document outlines interest rates for investments and loans depending on the amount and duration. For investments under ₱20,000, the interest rate is 6.75% for 2 years, 3 months, or 100 days. For amounts from ₱20,001 to ₱40,000, the interest rate is still 6.75% but for 3 years, 6 months, or 200 days. Amounts over ₱40,000 receive 6.75% interest for 4 years, 9 months, or 300 days. Similarly, loan interest rates of 8.25% are provided for different time periods and amounts.
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0% found this document useful (0 votes)
39 views

Group 2 in Years in Months in Days Time Investment Rate Interest

The document outlines interest rates for investments and loans depending on the amount and duration. For investments under ₱20,000, the interest rate is 6.75% for 2 years, 3 months, or 100 days. For amounts from ₱20,001 to ₱40,000, the interest rate is still 6.75% but for 3 years, 6 months, or 200 days. Amounts over ₱40,000 receive 6.75% interest for 4 years, 9 months, or 300 days. Similarly, loan interest rates of 8.25% are provided for different time periods and amounts.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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INVESTMENT

Under 20, 000

Group 2 In years In months In days


Time 2 3 100
Investment 6 000 6 000 6 000
Rate 6.75% 6.75% 6.75%
Interest 810.00 101.25 112.50

20, 001 40, 000

Group 2 In years In months In days


Time 3 6 200
Investment 22 000 22 000 22 000
Rate 6.75% 6.75% 6.75%
Interest 4 445.00 742.50 825.00

Over 40, 000

Group 2 In years In months In days


Time 4 9 300
Investment 42 000 42 000 42 000
Rate 6.75% 6.75% 6.75%
Interest 11 340.00 2 126.25 2 362.50
LOAN

Under 20, 000

Group 2 In years In months In days


Time 2 3 149
Investment 6 000 6 000 6 000
Rate 8.25% 8.25% 8.25%
Interest 990.00 123.75 204.88

20, 001 40, 000

Group 2 In years In months In days


Time 3 6 149
Investment 22 000 22 000 22 000
Rate 8.25% 8.25% 8.25%
Interest 5 445.00 907.50 751.21

Over 40, 000

Group 2 In years In months In days


Time 4 9 149
Investment 42 000 42 000 42 000
Rate 8.25% 8.25% 8.25%
Interest 13 860.00 2 598.75 1 434.13

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