ᴅɪꜱᴛɪɴɢᴜɪꜱʜᴇᴅ ᴡʜɪᴄʜ ᴏꜰ ᴛʜᴇ ꜰᴏʟʟᴏᴡɪɴɢ ɪꜱ ᴀ ꜱɪᴍᴘʟᴇ ɪɴᴛᴇʀᴇꜱᴛ ᴀɴᴅ ᴄᴏᴍᴘᴏᴜɴᴅ ɪɴᴛᴇʀᴇꜱᴛ. ᴡʀɪᴛᴇ ꜱ ɪꜰ ɪᴛ ɪꜱ ꜱɪᴍᴘʟᴇ ᴀɴᴅ ᴄ ɪꜰ ɪᴛ ɪꜱ ᴄᴏᴍᴘᴏᴜɴᴅ. 1. ᴍʀꜱ. ɪɴᴏᴠᴀ ɪɴᴠᴇꜱᴛ ₱30,000 ɪɴ ʜɪꜱ ꜱᴀᴠɪɴɢꜱ ᴀᴄᴄᴏᴜɴᴛ. ʜᴇ ᴇᴀʀɴꜱ ᴀɴ ɪɴᴛᴇʀᴇꜱᴛ ᴏꜰ 6% (ᴏʀ ₱1,800) ᴇᴠᴇʀʏ ᴍᴏɴᴛʜ. ᴀꜰᴛᴇʀ ꜱᴇᴠᴇɴ ᴍᴏɴᴛʜꜱ, ʜᴇ ᴇᴀʀɴᴇᴅ ₱12,600 ɪɴ ɪɴᴛᴇʀᴇꜱᴛ. 2. ʀᴀᴛᴇꜱ ᴡɪᴛʜ 5% ᴄᴏᴍᴘᴏᴜɴᴅᴇᴅ ᴅᴀɪʟʏ ɪɴ 1ʏᴇᴀʀ ᴡɪʟʟ ʏɪᴇʟᴅ ᴀ ꜱᴍᴀʟʟᴇʀ ᴀᴍᴏᴜɴᴛ ᴄᴏᴍᴘᴀʀᴇᴅ ᴛᴏ ʀᴀᴛᴇ ᴡɪᴛʜ 514% ᴄᴏᴍᴘᴏᴜɴᴅᴇᴅ ᴀɴɴᴜᴀʟʟʏ. 3. ᴅᴀɴɪᴇʟ ʙᴏʀʀᴏᴡᴇᴅ ₱50,000 ꜰʀᴏᴍ ᴛʜᴇ ʙᴀɴᴋ ᴀᴛ 3% ɪɴᴛᴇʀᴇꜱᴛ. ʜᴇ ᴘᴀɪᴅ ᴛʜᴇ ʙᴀɴᴋ ₱1,500 ɪɴᴛᴇʀᴇꜱᴛ ᴇᴠᴇʀʏ ʏᴇᴀʀ. ᴡʜᴀᴛ ᴛʏᴘᴇ ᴏꜰ ɪɴᴛᴇʀᴇꜱᴛ ɪꜱ ᴜꜱᴇᴅ ɪɴ ᴛʜᴇ ɢɪᴠᴇɴ ꜱɪᴛᴜᴀᴛɪᴏɴ?

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