Number 3 and 4 please? alue:Activity 2: Practice your skills!1. Citibank pays 9% ordinary simple interest on a 30-day time deposit. How much money will thedepositor have at the end of the 30-day period if he or she deposits P1,500.00?2. The Villa Pawnshop charges 24% simple interest on the loan of all items pawned to them. If Rosepawned her necklace for P1,200.00, how much will she pay the pawnshop after 90 days assumingVilla Pawnshop charges the following?a. exact interest3. Find the principal on a loan that was paid P1,345.00 after ordinary interest was charged at 10% for90 days.b. ordinary interest4. Find the interest rate on a loan P1,800.00 that was paid P1,845.00 after 60 days from the date ofloan. The interest charge was ordinary interest.

Name: Number 3 and 4 please? alue:Activity 2: Practice your skills!1. Citiba
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Description: Number 3 and 4 please? alue:Activity 2: Practice your skills!1. Citibank pays 9% ordinary simple interest on a 30-day time deposit. How much money will thedepositor have at the end of the 30-day period if he or she deposits P1,500.00?2. The Villa Paw

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Answered: Number 3 and 4 please?

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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Number 3 and 4 please?

alue:
Activity 2: Practice your skills!
1. Citibank pays 9% ordinary simple interest on a 30-day time deposit. How much money will the
depositor have at the end of the 30-day period if he or she deposits P1,500.00?
2. The Villa Pawnshop charges 24% simple interest on the loan of all items pawned to them. If Rose
pawned her necklace for P1,200.00, how much will she pay the pawnshop after 90 days assuming
Villa Pawnshop charges the following?
a. exact interest
3. Find the principal on a loan that was paid P1,345.00 after ordinary interest was charged at 10% for
90 days.
b. ordinary interest
4. Find the interest rate on a loan P1,800.00 that was paid P1,845.00 after 60 days from the date of
loan. The interest charge was ordinary interest.

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