4. If you pawned your jewelry at Php 50,000 for 75 days at 8% per annum simple interest.How much will be due at the end of 75days? 5. You borrowed money from a friend at 10% simple interest.Find the present worth of Php 100,000 which is due at he end of 10 months.
4. If you pawned your jewelry at Php 50,000 for 75 days at 8% per annum simple interest.How much will be due at the end of 75days? 5. You borrowed money from a friend at 10% simple interest.Find the present worth of Php 100,000 which is due at he end of 10 months.
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
Problem 1ST
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![4. If you pawned your jewelry at Php 50,000 for
75 days at 8% per annum simple interest.How
much will be due at the end of 75days?
5. You borrowed money from a friend at 10%
simple interest.Find the present worth of Php
100,000 which is due at he end of 10 months.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5a37bed4-920d-4b29-8925-50e716718009%2Fc8213824-29e1-4373-bcba-c38e64351ebb%2Fw86vxx0k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4. If you pawned your jewelry at Php 50,000 for
75 days at 8% per annum simple interest.How
much will be due at the end of 75days?
5. You borrowed money from a friend at 10%
simple interest.Find the present worth of Php
100,000 which is due at he end of 10 months.
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