1.Find the interest of ₱30,000.00 deposited in a bank that pays 4 ¾ % in 180 days. (Hint: 1 year = 360 days) * 2. How long has Alvin invested ₱5,000 at 7% per annum interest to earn ₱2,450 interest? * 3. Aldrine borrows ₱3,400 for 3 years at 9% simple interest. How much will he owe at the end of 3 years

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A: The simple interest formula is

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A: topic - application of geometric progression optiin A 5857.30

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A: Given that $6,600 per year can be withdrawn for 7  years, with the first withdrawal to start four…

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A: This is a compound interest problem and I solved it in the next steps.

Q: How much would be the interest when Bankers Rule was use if a principal of P86, 000 borrowed for 425…

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Q: PAYROLL

A: Given that, Jessica Hernandez borrowed $45,000 and will pay interest for that as $1881.25 for 140…

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A: Margo borrows $900 and pay it back with 6% interest after 7 months.

Q: Melvin invested Php100,000 in a business where the annual rate interest rate is 10%. How much will…

A: Melvin invested Php100,000 in a business where the annual rate interest rate is 10%. How much will…

Q: 3 3 Accumulate P70,000 for 2 years and 9 months at 22% simple interest. 4

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Q: 2. You purchase a CD for $1000 on which you will earn 2.4% simple interest for each year of the…

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A: Given that Dana has purchased a Car for $ 690,000 and she has paid $ 190,000 down payment. She has…

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A: Engr. Velasco decided to subscribe in a globe promo which must be paid 4,278 per month for five…

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A: Formula for simple interest is as follows : I = P×R×T Where , P  is principal amount. R is Interest…

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A: Deposited Amount 15000.00 Time period  9 Months Interest  7% value   after 10 months

Q: Find the interest of P50,000.00 deposited in a bank that pays 5 ½ % in 165 days. (Hint: 1 year 360…

A: Solution

Q: 4. When Sarah was 7 years old, her parents invested $10 000 for her in a plan that earns 5 % per…

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A: Given: Simple interest I=30000 Time (years) t=5 Principal Value P=15000 We have to find Simple…

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A: Given query is to find the simple interest and the amount.

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A: According to the given information in this question We need to answer two parts

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A: Given: initial balance =12000 annual interest rate=8% time period n=5

Q: Find the future value of an annuity due of $2000 paid at the beginning of each 6-month period for 8…

A: The future value of the annuity is calculated using the formula: S=P1+in-1i1+i. Here, P is deposited…