1. Accumulate PhP 2,150 for 2.5 years using 3.6% simple interest. 2. Discount PhP 7,800 for 125 days at 7 7/8% simple interest. 3. What discount rate should a lender charge to earn an interest rate of 9-% for 1 year and 6 months loan? 4. If you borrowed PhP 250,000 from a bank payable for two years and 6 months at 10% simple discount rate, how much will you receive from the bank?

ENGR.ECONOMIC ANALYSIS
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Accumulate PhP 2,150 for 2.5 years using 3.6% simple interest.
2. Discount PhP 7,800 for 125 days at 7 7/8% simple interest.
3. What discount rate should a lender charge to earn an interest
7
rate of 9-% for 1 year and 6 months loan?
8
1.
4. If you borrowed PhP 250,000 from a bank payable for two years
4
and 6 months at 10% simple discount rate, how much will you
5
receive from the bank?
MCL
Malayan Colleges Laguna
A MAPUA SCHOOL
Transcribed Image Text:Accumulate PhP 2,150 for 2.5 years using 3.6% simple interest. 2. Discount PhP 7,800 for 125 days at 7 7/8% simple interest. 3. What discount rate should a lender charge to earn an interest 7 rate of 9-% for 1 year and 6 months loan? 8 1. 4. If you borrowed PhP 250,000 from a bank payable for two years 4 and 6 months at 10% simple discount rate, how much will you 5 receive from the bank? MCL Malayan Colleges Laguna A MAPUA SCHOOL
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