A. Tate B. compound interest 4. John deposited Php 40,000 in a bank with 0.4% simple interest.. How muchwiu be the money of John after years? A. Php 1,280 5. How long will Php 70,000 amount to Php 84,000 with simple interest rate of B. Php 16,000 C. Php 41,280 D. Php 56,000 4% per annum? A. 0.5 yrs. 6. If Mr. Castro borrowed Php 230,000 at an annual simple interest rate of 3.5% for 6 years. How much interest should Mr. Castro pay? A. Php 805 В. 5 yrs. C. 5.5 yrs. D. 50 yrs. B. Php 8,050 C. Php 8,500 D. Php 80,500

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