4. How much is the simple interest after 5 years if an amount of P5,250 00 is invested in a bank that pays 1.25% interest rate?
A) P3282
B) P328 13
C) P3,281.25
D) P32 812 20
5. How much is the principal if I = P10,000.00, 1 = 3 years, and r = 0.47
A) P71.43
B) P714.29
C) P7.142.86
D) P71,428.57
6 How much is the compound interest, given. P = P150,000, 1 = 6%, t = 4 years, m = n = 22
A) P17,313.51
B) P29,413.35
C) P40,015.51
D) P190,015.51
What will be the future value of P15,000 after 4 years if invested in an account that earns 5% interest compounded monthly? A) P15,413.43
B) P16,313.37
C) P17,413.37
D) P18,313.43
8. Juan borrowed P35,000 from a cooperative bank at 1.5% simple interest for 5 years to add to his funds for his new business. How much will he need to pay after five years?
A) P32,600
B) P37,500
C) P37,625
D) P40,125
9. Julie invested an amount of P250,000 to a local bank that offers 1% Interest compounded monthly How much is her accumulated money after 5 years?
A) P207,560.78
B) P262,812.30
C) P376,431.54
D) P386,221.32
10. Mario borrowed P150,000 from Taysan Cooperative Bank that offers 1.25% compounded monthly. Ho much will be the interest after 5 years?
A) P2,81253
B) P9,668.97
C) P16,431.32
D) P36,22132
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Answer:
4a
5c
6c
7a
8b
9d
10c
hope I help you