Directions: Complete the table below. Show your solution on a separate sheet. Principal (P) Rate (r) Time (t) Interest (I) Maturity Value (F) P30 000 1) 3.2 years P4800 2) P17 500 4.2% 2 years 3) 4) P8 000 5) 5 years 6) P12 400 P130 000 7% 7) P36 400 8) 9) 10.20% 10) P25 000 P950 000
Directions: Complete the table below. Show your solution on a separate sheet. Principal (P) Rate (r) Time (t) Interest (I) Maturity Value (F) P30 000 1) 3.2 years P4800 2) P17 500 4.2% 2 years 3) 4) P8 000 5) 5 years 6) P12 400 P130 000 7% 7) P36 400 8) 9) 10.20% 10) P25 000 P950 000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
![Written Work No.3: SIMPLE INTERESTS
Directions: Complete the table below. Show your solution on a separate sheet.
Principal (P)
Rate (r)
Time (t)
Interest (I)
Maturity Value (F)
P30 000
1)
3.2 years
P4800
2)
P17 500
4.2%
2 years
3)
4)
P8 000
5)
5 years
6)
P12 400
P130 000
7%
7)
P36 400
8)
9)
10.20%
10)
P25 000
P950 000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3567cee7-bae9-4d79-af9c-7d5eebc60b5e%2Ffd1adf21-4175-4742-bdfe-2f9e25cdf3cb%2Fs4v8i10a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Written Work No.3: SIMPLE INTERESTS
Directions: Complete the table below. Show your solution on a separate sheet.
Principal (P)
Rate (r)
Time (t)
Interest (I)
Maturity Value (F)
P30 000
1)
3.2 years
P4800
2)
P17 500
4.2%
2 years
3)
4)
P8 000
5)
5 years
6)
P12 400
P130 000
7%
7)
P36 400
8)
9)
10.20%
10)
P25 000
P950 000
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