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Susan lends PHP 50,000 to Jane on October 1, 2010 at a 9% simple interest rate. Susan expects to receive the principal and interest of PHP 27,500 by March 28, 2011. The amount Susan will receive is PHP 55,500. If $12,500 is deposited in an account paying 4.5% interest quarterly, the balance after 8 years will be $18,720. The account will have earned $6,220 in interest. A 5-year investment with a maturity value of PHP 27,500 and an applied rate of 7.5% simple interest must have had an original principal of PHP 20,000.
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0% found this document useful (0 votes)
134 views

MAZEFORMATsml (New)

Susan lends PHP 50,000 to Jane on October 1, 2010 at a 9% simple interest rate. Susan expects to receive the principal and interest of PHP 27,500 by March 28, 2011. The amount Susan will receive is PHP 55,500. If $12,500 is deposited in an account paying 4.5% interest quarterly, the balance after 8 years will be $18,720. The account will have earned $6,220 in interest. A 5-year investment with a maturity value of PHP 27,500 and an applied rate of 7.5% simple interest must have had an original principal of PHP 20,000.
Copyright
© © 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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Susan lends PHP 50,000 to Jane If you deposit $12,500 in an A 5-year investment had a

on October 1, 2010.She Shirley got a $1200.00 loan


START account that pays 4.5% maturity value of PHP
expects Jane to pay the for 2 years. She paid $90
interest quarterly, what is 27,500. If the applied rate
principal and simple interest at ininterest. What was the
the balance after 8 years? was 7.5% simple interest,
9% to fully settle the debt on interest rate?
march 28, 2011. What amount How much did the account what was the original
does Susan receive? earn in interest? princripal?

At what simple interest A business company has a Aling Puring is planning to


Rent a car agency has a
rate was PHP 16,500 principal rate of PHP build a store, she has a
principal rate of $15,000, a
invested if it earned an 60,000, a rate of 3% and a principal rate of PHP 10,000, a
rate of 5% and a time of 5 hrs. Stage
interest of PHP 1,620 just time of 10 mins. What is rate of 7% and hs 5 hrs
Find the simple interest of the
after 1.5 years? the simple interest of the remaining. Find the simple 2
rent a car agency.
company? interest of Aling Puring’s
store.

A sum of PHP 25,000 Find the compound


becomes PHP 27,250 at the Find the compound interest
Find the present worth of interest on PHP 10,000 at
end of 3 years when on PHP 3,000 at 55 for 2
PHP 78,000 due in 4 years 12% rate of interest for 1
calculated at simple years, compounded
STAGE at 5% interest per year. year, compounded half-
interest. Find the rate of annually.
3 yearly.
interest.

A certain principal amounts to PHP The compound interest on a certain sum


Find the simple interest on PHP 5,000 at a
15,000 in 2.5 years and to PHP 16,500 of money for 2 years is PHP 52 and the STAGE
crtain ate if the compound interest on the
in 4 years at the same rate of interest. simple interest for the same time at the 4
same amount for 2 years is PHP 253.125.
Find the rate of interest same rate is PHP 50. Find the rate %.

FINISH

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