Simple and Compound Interest Complete the table below: P r t I

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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Simple and Compound Interest

Complete the table below:

P

r

t

I

₱7,500.00

7%

2.25 years

 
 

8%

5 years

₱5,040.00

₱16,000.00

5.2%

 

₱2,496.00

₱21,000.00

 

4.5 years

₱7,087.50

Mr. and Mrs. Talavera invested ₱250,000 in a financial institution giving a 5% interest compounded quarterly. Find the couples’ money after 3 years.

 

 

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