Answer the following. Complete the table below. Show your solution foreach item. Write your answer on a piece of paperSimple interestInterest rate Number of periods interestFinal amountPrincipal13, 008 pesos12, 000 pesos2.8 %1,008 pesos65, 500 pesos3.5%2.5 years47, 457.50 pesos 23, 150 pesos5 years24, 307.50 pesoCompound interest2 years3 уears24, 020 pesos0.1%48.06 pesos41.30 pesos36.50 pesos4.8 pesos25, 000 pesos6.25%6 years

Simple Interest is Amount x Interest X Time.

Complete the table below. Show your solution for each item. Write your answer on a piece of paper Simple interest Final amount Principal Interest rate Number of periods interest 13, 008 pesos 12, 000 pesos 2.8 % 1,008 pesos 65, 500 pesos 3.5% 2.5 years 47, 457.50 pesos 23, 150 pesos 5 years 24, 307.50 pese Compound interest 24, 020 pesos 0.1% 2 years 48.06 pesos 41.30 pesos 36.50 pesos 3 years 4.8 pesos 25, 000 pesos 6.25% 6 years

Complete the table below. Show your solution for each item. Write your answer on a piece of paper Simple interest Final amount Principal Interest rate Number of periods interest 13, 008 pesos 12, 000 pesos 2.8 % 1,008 pesos 65, 500 pesos 3.5% 2.5 years 47, 457.50 pesos 23, 150 pesos 5 years 24, 307.50 pese Compound interest 24, 020 pesos 0.1% 2 years 48.06 pesos 41.30 pesos 36.50 pesos 3 years 4.8 pesos 25, 000 pesos 6.25% 6 years

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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