Scribd Logo
Upload

Welcome to Scribd!

  • 1K views

    Mathematics in The Modern World Module 1 Answers

    Uploaded by

    Ruth Andrea Bermas
    This document contains 3 math word problems involving calculations of interest rates, amounts invested, and principal amounts. The first problem calculates an 11.4% interest rate on a washing machine purchased with a 4 month installment plan. The second finds that P20,400 was invested to earn P850 in interest over 5 months at a 10% rate. The third determines that a principal of P597,222.22 will accumulate to P215,000 over 3 years at a 12% simple interest rate.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Mathematics in The Modern World Module 1 Answers

    Uploaded by

    Ruth Andrea Bermas
    1K views1 page
    This document contains 3 math word problems involving calculations of interest rates, amounts invested, and principal amounts. The first problem calculates an 11.4% interest rate on a washing machine purchased with a 4 month installment plan. The second finds that P20,400 was invested to earn P850 in interest over 5 months at a 10% rate. The third determines that a principal of P597,222.22 will accumulate to P215,000 over 3 years at a 12% simple interest rate.

    Original Title

    Mathematics in the Modern World Module 1 Answers

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains 3 math word problems involving calculations of interest rates, amounts invested, and principal amounts. The first problem calculates an 11.4% interest rate on a washing machine purchased with a 4 month installment plan. The second finds that P20,400 was invested to earn P850 in interest over 5 months at a 10% rate. The third determines that a principal of P597,222.22 will accumulate to P215,000 over 3 years at a 12% simple interest rate.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1K views1 page

    Mathematics in The Modern World Module 1 Answers

    Uploaded by

    Ruth Andrea Bermas
    This document contains 3 math word problems involving calculations of interest rates, amounts invested, and principal amounts. The first problem calculates an 11.4% interest rate on a washing machine purchased with a 4 month installment plan. The second finds that P20,400 was invested to earn P850 in interest over 5 months at a 10% rate. The third determines that a principal of P597,222.22 will accumulate to P215,000 over 3 years at a 12% simple interest rate.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 1

    EXERCISES 5.1.

    Name: Score: ____________________

    Section: BSN-1A Date: _____________________

    1. Mrs. Rodriguez wants to purchase a washing machine listed at P25,000.00 cash and

    P25,950.00 if paid at an instalment basis of 4 months. What is the rate of interest?

    950

    25,000 x 4/12

    =0.114 or 11.4%

    2. An interest of P850.00 was earned in 5 months on an investment at 10%. How much was

    invested?

    850

    0.1 x 5/12

    = 20400

    3. What principal will accumulate to P215,000.00 in 3 years at 12% simple interest?

    215,000

    0.12 x 3

    =597,222.22

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy