Find the value of the required components in each item. 1. Find the simple interest and maturity value if P = ₱13,000, r = 0.8% and t = 2 ½ years. 2. If Is = ₱625, r = 2% and t =3 years, find the present value

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Find the value of the required components in each item. 1. Find the simple interest and maturity value if P = ₱13,000, r = 0.8% and t = 2 ½ years. 2. If Is = ₱625, r = 2% and t =3 years, find the present value
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