Each column in the table below is labeled, complete the table by writing the given data (in figures), theword “unknown" for the unknown data, N/A if it is not applicable in the problem.1. What amount would yield an interest of Php 2,437.5 in 5 years at 3% per annum?|PrincipalInterestPeriod/Time Interest Maturity Value PresentAmountRateValue2. A loan of Php 30,000 on August 2012 has been paid on March 2015 in the amount of P38.000. What isthe duration of the loan?PrincipalInterestPeriod/Time Interest Maturity Value PresentAmountRateValue3. How long will 8,200 amount to Php 10,500 if the simple interest is the calculated at 13%?PrincipalInterestPeriod/Time Interest Maturity Value PresentAmountRateValue

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1. What amount would yield an interest of Php 2,437.5 in 5 years at 3% per annum Period Time Interest Maturity Value Present Principal Interest Amount Rate Value

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 21MC: A customer takes out a loan of $130,000 on January 1, with a maturity date of 36 months, and an...

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Question

Each column in the table below is labeled, complete the table by writing the given data (in figures), the
word “unknown" for the unknown data, N/A if it is not applicable in the problem.
1. What amount would yield an interest of Php 2,437.5 in 5 years at 3% per annum?|
Principal
Interest
Period/Time Interest Maturity Value Present
Amount
Rate
Value
2. A loan of Php 30,000 on August 2012 has been paid on March 2015 in the amount of P38.000. What is
the duration of the loan?
Principal
Interest
Period/Time Interest Maturity Value Present
Amount
Rate
Value
3. How long will 8,200 amount to Php 10,500 if the simple interest is the calculated at 13%?
Principal
Interest
Period/Time Interest Maturity Value Present
Amount
Rate
Value

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