monthly

Q: Find the interest earned at the end of 3 ¼ years if ₱ 50,750 is invested at 12% compounded semi…

A: Compound interest formula is  A=P1+rnntP is the principal amount=50750r=0.12t= 3.25 years Replace…

Q: If a nine-month term deposit at a bank earns a simple interest of 9% per annum, how much will have…

A: Simple interest: As the name indicates it is a simple interest computed on the amount of principal.…

Q: ow much would be the final payment to be made by Karlo for his loan of P45,000 payable in 12 months…

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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: Akram left a wealth of Rs.780000.His heir is a widow,3 sons and 4 daughters.Calculate the share of…

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Q: If a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A: Given: The value of r is 9%

Q: A deposit of Php 21,500 earn 6% interest compounded quarterly. How much money is in the bank after 6…

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Q: Accumulate ₱54,000 at 11.75% interest when compounded quarterly for 4 years and 4 months.

A: Solution

Q: Find the compound amount on a loan of php 85,000 at 6% for 5 years compounded quarterly.

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Q: How much should Allyson put into 6% saving account in order to have Php. 100,000.00 in 5 years?

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Q: Find the interest earned on an investment of Php 10,000 into a money market account that pays a…

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Q: rohani buys a washing machine by paying a RM 400 deposit and paying the balance RM 1772 after 5…

A: Given that rohani buys a washing machine by paying a RM 400 deposit and paying the balance RM 1772…

Q: Mr. Rashid borrowed Rs. 20000 from Habib Bank to be paid back after 3 years at 6% per annum…

A: Calculate Amount and interest paid

Q: Find the principal for a loan that has earned interest of $5500 with an annual rate of 10% for 5…

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Q: 3. A loan of 7 quarterly payments of Php.8,300 is to be made, to pay for a loan at 10% compounded…

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Q: A vendor borrows a certain amount of money at 8% simple interest for 3 months. Determine the…

A: We know that the simple interest formula is I = Prt  P is the principal amount. r is the interest…

Q: The cost to purchase the house that Bainters are considering is $195, 000, but the Bainters plan to…

A: Given that, The total cost of the house $195,000. Plan to make down payment $40,000. Time is 30…

Q: How much is the cash value of the car if the interest used is 12% monthly?

A: Given:monthly payment =17,000 Interest rate=12% Formula used: PV annuity=P×1-1+I-nI

Q: by splitting the loan into two 3 year loans, how much more will you pay in interest ?

A: The future value of each loan at the end of the 3-year period can be calculated:For the first 3-year…

Q: Find the principal if $245 in interest is due after 10 months at 7%

A: By using formula of simple interest.

Q: determine the simple interest that pia catriona needed to pay if she borrowed 2345 at 3 1/5%for 10…

A: Given Principle (P) = 2345 Rate (R) = 315% Hence R = 165% Time (T) = 10 months Hence T = 1012years

Q: Mrs. Vega borrows P600,000

A: Given, Mrs. Vega borrows P600,000 at 12% compounded annually agreeing to repay the loan in 15 equal…