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1. Suppose you invest P5,000 at 10% simple interest. How much money will you have after 5 years? O How much was borrow 3:5 31 ri

1. Suppose you invest P5,000 at 10% simple interest. How much money will you have after 5 years? O How much was borrow 3:5 31 ri

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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1. Suppose you invest P5,000 at 10% simple interest. How much money will you have after 5 years? 2. How much was borrowed if the interest at 4% after 9 months is P800? 3. At what rate should P10,000 be invested in order to have a final amount of 12,500 in 9 months. 4. How many years would it take for P8,000 to grow until P10,000 if it is invested at 12% simple interest? 5. ABC bank granted JUAN to loan an amount of P350,000 payable for 4 years at 5% interest. How much does he pay on the due date?
Transcribed Image Text:1. Suppose you invest P5,000 at 10% simple interest. How much money will you have after 5 years? 2. How much was borrowed if the interest at 4% after 9 months is P800? 3. At what rate should P10,000 be invested in order to have a final amount of 12,500 in 9 months. 4. How many years would it take for P8,000 to grow until P10,000 if it is invested at 12% simple interest? 5. ABC bank granted JUAN to loan an amount of P350,000 payable for 4 years at 5% interest. How much does he pay on the due date?
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