For 4 – 7. Georgina wanted to borrow P125,000. If the bank offers her 6.5% annual simple interest rate and give her 3 years to repay the amount. 4. What is P125,000 in the given problem? A. Payment 5. How much interest will she pay? A. P2,708.33 6. How much will she pay after 3 years? A. P152,083.33 B. P149,375.00 B. Principal C. Future Value D. Interest B. P14,625.00 C. P24,375.00 D. P27,083.33 C. P139,625.00 D. P127,708.33

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A: Formula; Loan amount = Home value * (1 - Down payment)   Loan amount = $199,000 * (1 - 0.10) Loan…

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A: Mortgage means the amount which is borrowed from external sources like banks. This amount is repaid…

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A: The future value is the future worth of the amount that will be paid or received in the future.

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Q: 2

A: Interpretation: Present value refers to the current valuation for a future sum. Investors determine…

Q: If Christine borrowed P 75 000 from the bank at an interest rate of 3.5%, how much is the interest…

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Q: 21. A friend lends you P500 for a year with 3% interest. How much interest will your friend earn?

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Q: 1. Find the simple interest on a loan of 50,000 if the loan is given at a rate of 20% and is due in…

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