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Each of the problems below is incomplete. Determine the missing data to solve the problem. 1. To buy a laptop computer, Anita's mother borrowed Php 13,000 at an interest rate of 5% per annum. What is the total amount will she repay?

Each of the problems below is incomplete. Determine the missing data to solve the problem. 1. To buy a laptop computer, Anita's mother borrowed Php 13,000 at an interest rate of 5% per annum. What is the total amount will she repay?

Essentials Of Investments
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
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Each of the problems below is incomplete. Determine the missing data to solve the problem. 1. To buy a laptop computer, Anita's mother borrowed Php 13,000 at an interest rate of 5% per annum. What is the total amount will she repay? 2. You have deposited in a Savings Bank on June 15, 2015 with an interest rate of 2.5% and have withdrawn it on June 15, 2016. Calculate the simple interest. 3. Calculate the simple interest due on a 95-day loan if the annual interest rate is 5.5%. 4. The interest charged on a Php 5,000 loan is Php 300. Find the simple interest rate? 5. Dondi borrowed Php 12,000 from Mike that charges simple interest. After 3 years he cleared the amount by giving Php16,350| cash and a watch. Find the cost of the watch.
Transcribed Image Text:Each of the problems below is incomplete. Determine the missing data to solve the problem. 1. To buy a laptop computer, Anita's mother borrowed Php 13,000 at an interest rate of 5% per annum. What is the total amount will she repay? 2. You have deposited in a Savings Bank on June 15, 2015 with an interest rate of 2.5% and have withdrawn it on June 15, 2016. Calculate the simple interest. 3. Calculate the simple interest due on a 95-day loan if the annual interest rate is 5.5%. 4. The interest charged on a Php 5,000 loan is Php 300. Find the simple interest rate? 5. Dondi borrowed Php 12,000 from Mike that charges simple interest. After 3 years he cleared the amount by giving Php16,350| cash and a watch. Find the cost of the watch.
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