A man deposited P5,000 in a bank at a rate of 10% per annum for 7months and 25days. Find the ordinary simple interest and accumulated amount. O P326.39 O P336.39 O P346.39 O P356.39
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- A man deposited P2,000 in a bank at a rate of 10% per annum for 10months and 25days. Find the ordinary simple interest. P180.56 P190.56 P170.56 P160.563. A man deposited P5,000 in a bank at a rate of 10% per annum for 8months and 25days. Find the ordinary simple interest. Group of answer choices P368.05 P358.05 P348.05 P338.05A businessman deposited an amount of P6,000 in a savings account for 5months and 25 days at a rate of 7% per annum. Find the simple interest. O 201.37 202.83 200.82 O 204.17
- If you deposit $15,000 at EOY 1, $10,000 at EOY 2, and $5,000 at EOY 3 into a savings account which earns an annual interest rate of 22% compounded continuously, how much will you have in your account at EOY 5? O a. $50,779 O b. $48,222 O c. $63,275 O d. $58,830 O e. $40,751iYou deposit $100, $150, & $200 in a bank account at the end of years 1,2,& 3 and earn 7%interest. If (P/G, 7%, 3)=2.506 and (A/P, 7%, 3)=.3811 what is the present value (now) ofthese deposits.A man deposited ₱5,000 in a bank at a rate of 10% per annum for 6months and 25days. Find the accumulated amount. Group of answer choices ₱5284.72 ₱5384.72 ₱5484.72 ₱5584.72
- If you deposit OMR 27177 in your account in a bank. Suppose the bank pays 12% compound interest quarterly. Calculate value of your money in 4 years Select one: a. 166607.80 b. 43611.11 c. 16935.81 d. 42749.42 e. All the given choices in this question are not correct1. You deposited PHP5,500 in a bank with an interest rate of 6% for I year. What is the future value of your deposit?May I ask for an explanation and solution to the question for a better understanding. Thank you! 11. You plan to invest an amount of money in a certificate of deposit (CD) at your bank. The stated interest rate applied to the CD is 12%, compounded monthly. How much must you invest if you want the balance in the CD account to be P8,500 in 2½ years? a. P143,302.66 b. P11,941.89 c. P6,306.34 d. P11,302.14
- 8. An amount of P 5000 is deposited in a bank paying an annual interest rate of 3.1% compounded cantinuously. Find the balance after 3 yeats AP8754.31 B. P 4857.31 C.P 7584 31If a 6 month term deposit at a bank pays a simple interest of 3%, how much will have to be deposited to earn $18,000? A. $270 B. $120,000 C. $540 D. $600,000 E. $1,200,000If you deposit OMR 12200 in your account in a bank. If your bank pays 8.15% interest, how much will you get in 12 years? Select one: a. 31537.63 b. 29237.63 c. 31237.63 d. 29736.63