For items 1-5, refer to the problem below. A working senior high school student had a piggy bank since she entered senior high school. After graduation, she opened her piggy bank and found out that she saved P20,000.00. She deposited in a cooperative that pays 2% simple interest per annum. How much will be her money after 5 years? 1. What is the principal amount? A. 0.02 2. What is the interest rate? A. 0.02 3. Which of the following is the time? A. 0.02 year 4. The interest is В. 5 C. P2,000.00 D. P20,000.00 bne В. 5 C. P2,000.00 D. P20,000.00 B. 0.05 year C. 5 months D. 5 years terW elgmia 1A Senney В. 5 C. P2,000.00 D. P20,000.00 A. 0.02 5. How much is her money after 5 years? e A. P2,000.00 B. P8,000.00 C. P20,000.00 D. P22,000.00

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Complete solution.
For items 1-5, refer to the problem below.
A working senior high school student had a piggy bank since she entered senior
high school. After graduation, she opened her piggy bank and found out that she saved
P20,000.00. She deposited in a cooperative that pays 2% simple interest per annum. How
much will be her money after 5 years?
1. What is the principal amount?
A. 0.02
2. What is the interest rate?
A. 0.02
3. Which of the following is the time?
A. 0.02 year
4. The interest is
A. 0.02
5. How much is her money after 5 years?
A. P2,000.00
В. 5
C. P2,000.00
D. P20,000.00
bne
В. 5
C. P2,000.00
D. P20,000.00
B. 0.05 year
C. 5 months
D. 5 years
В. 5
C. P2,000.00
D. P20,000.00
elamia
1A
Senney
B. P8,000.00
C. P20,000.00
D. P22,000.00
Transcribed Image Text:For items 1-5, refer to the problem below. A working senior high school student had a piggy bank since she entered senior high school. After graduation, she opened her piggy bank and found out that she saved P20,000.00. She deposited in a cooperative that pays 2% simple interest per annum. How much will be her money after 5 years? 1. What is the principal amount? A. 0.02 2. What is the interest rate? A. 0.02 3. Which of the following is the time? A. 0.02 year 4. The interest is A. 0.02 5. How much is her money after 5 years? A. P2,000.00 В. 5 C. P2,000.00 D. P20,000.00 bne В. 5 C. P2,000.00 D. P20,000.00 B. 0.05 year C. 5 months D. 5 years В. 5 C. P2,000.00 D. P20,000.00 elamia 1A Senney B. P8,000.00 C. P20,000.00 D. P22,000.00
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