How much is the interest earned at the end of 4th deposit for the regular deposit of Php1500? Money is worth 12% converted annually. a. Php607.39 b. Php600 c. Php6073 d. No answer

Q: marked up of Php 200 an

A: Answer is 34

Q: Leo Jeriel borrowed Php 3,785 from a friend and promised to repay him in 9 months plus 12% interest.…

A: We want to find simple interest

Q: Mike pawns his watch for $120. After 30 days buys it back for $140 what was the interest did the…

A: Solution :  Given that  Mike pawns his watch for $120. After 30 days buys it back for $140

Q: You have P100 in you bank account.  It doubles every month.  How much money will you have after 5…

A: Initial amount= P100

Q: To pay for his debt at 12% compounded semi- annually,Analuz arwena commuted for 8 quarterly payments…

A: Given interest : 12 % compounded semi annually. Total quaterly payments = php 24,491.28 To…

Q: 00 de

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Q: Jack has been employed since January 2021 receiving a net monthly salary of Php20000. In…

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Q: The amount at the end of 5 years for a monthly deposit of Php1000 at 5% converted at the end of each…

A:

Q: Discount ₱15,800 for 11 months at 14.25%simple interest.

A:

Q: Find the full amount if Php67, 300 deposited in the bank for 12 years at 3.15% rate

A: first calculate the interest using the formula S.I =PRT where S.I is the simple interest T is the…

Q: What amount of money will be borrowed in order to accumulate ₱94,200 invested for 1050 days paying…

A:

Q: What is the present value if after 6 years the money earns Php85, 200 at 8.25% rate?

A: Note that since we are only given the rate 8.25% and nothing more is specified, the rate is assumed…

Q: How much should Winona deposit in his savings account so that he will be able to withdraw ₱580,450…

A: We will find out the required value.

Q: What is the amount at the end of 5th deposit of Php5000 with 12% converted every end of six months?…

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Q: A house and lot has a selling price of PhP 1,960,000. A client made a down payment of PhP 460,000…

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Q: A car agent receives a monthly salary of Php 15,000 plus 2% commission on all car sales in excess of…

A:

Q: John invested Php 25,000 in a government bond that earns 3.75% annual interest, subject to a 20%…

A:

Q: A Student borrwos 3,000 at 10% For q monthS to Pey +Uition. Find the total amoUnt interest. due…

A: simple interest is given by here we have  P=3000 t=9 months r=10%=0.1

Q: At the end of 6 months, Mr. White pays Php 12,500.00 per month to the bank for 5 years for the car…

A: Given:  P(Principal amount per month)=$12500 R(Rate of…

Q: You can afford $1,000 per month as a house payment. If you can get a home loan at 5.2% interest for…

A: Given that The monthly payment PMT=$1000Interest rate  r=5.2%=5.2100=0.052Compounded monthly…

Q: Dona pay at the cashier an amount of Php 719.20 for a shirt that was on sale at 20%. What was the…

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Q: Find time (years) if the interest is ₱2300, the principal is ₱9900 and the rate is 5%

A: Solution

Q: Nathan would like to buy a new car worth PhP 1,200,000.00. He decided to take an from a car…

A:

Q: ccumulate ₱ 70, 000 for 2 years a

A: Simple Interest: Simple interest is a quick and simple technique of calculating interest on money.…

Q: Sofia obtained a house of 25-year mortgage for Php2,150,000. If his monthly payment is Php 15,500,…

A: Given that: Sofia obtained a house of 25-year mortgage for Php2,150,000. His monthly payment is Php…