7.) How much was the interest if Althea invested P30,400.00 and received a total ofP40,300.00 at the end of the term?A. P9,900.00C. P40,300.00B. P30,400.00D. P70,700.00

Given that Althea invested ₱ 30,400.00 and the total amount received at the end of the term is ₱…

Answered: 7.) How much was the interest if Althea…

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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The employees at an NGO are awarded increments on their salary according to the following policy: no increment on the first year, 5% for each of the next two years, and 13% from the fourth year onward.If an employee starts with a salary of Tk. 33,000, what will be their salary after 5 years of employment?
A person deposited an amount of 80,000 dinars with a bank on 1/1/2020, and the interest rate that the bank gives on the deposit was 1% annually. If this person withdraws his total entitlements from the bank on 11/1/2020, find any amount The interest paid by the bank to the depositor? A person borrowed an amount of 5,000 dinars from a bank for a period of 10 months and 2 and a half. If you teach me that the interest rate on borrowing is 8% annually, what is the sum of the amounts owed by the borrower to the bank at the end of the loan term? 3 The commercial and true interest were calculated for the same amount, the same interest rate and the same period of time, and found that the difference between them was 4 dinars. Find the magnitude of each of the two benefits?
To pay for his debt at 12% compounded semi-annually, Reyvan committed for 8 quarterly payments of P24,491.28 each. How much did he borrow? (use j = 0.029563, n=8)
General Annuities I. Solve for A and S given the following:1. R = Php 3 000, j = 5%, m = 4, t = 5 years, payment interval = 1 month2. R = Php 10 000, j = 4.5%, m = 12, t = 10 years, payment interval = 3 monthsII. Answer the following problems.3. The buyer of a resort pays Php 10 000 000 in cash and agrees to pay Php 2 500 000 at the end of every six months for 10 years. Assuming that money is worth 6% per year compounded monthly, how much is the equivalent cash value of the resort?4. A man will deposit Php 12 000 at the end of every 6 months for the next 10 years that pays 6% interest compounded quarterly. Find the amount of the annuity at the end of 10 years.
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7.) How much was the interest if Althea invested P30,400.00 and received a total of P40,300.00 at the end of the term? А. Р9,900.00 C. P40,300.00 В. Р30,400.00 D. P70,700.00