Simple Interest A. Find the unknown principal (P), interest rate (r), time (t), interest (I) and maturity value (F) by completing the table below. Principal (in Php) 2,000 Maturity Value (in Php) (2) (4) Interest Rate Interest Time (in Php) (1) (in % per annum) 10 6 months 10 months 4 years and 3 months (7) 12 years (3) 12 800 88,000 (5) (6) 114,180 (8) (10) 500,000 9.5% 600,000 1,210,000 (9) 10%
Simple Interest A. Find the unknown principal (P), interest rate (r), time (t), interest (I) and maturity value (F) by completing the table below. Principal (in Php) 2,000 Maturity Value (in Php) (2) (4) Interest Rate Interest Time (in Php) (1) (in % per annum) 10 6 months 10 months 4 years and 3 months (7) 12 years (3) 12 800 88,000 (5) (6) 114,180 (8) (10) 500,000 9.5% 600,000 1,210,000 (9) 10%
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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
Transcribed Image Text:Exercise #10
Simple Interest
A. Find the unknown principal (P), interest rate (r), time (t), interest (I) and maturity value (F) by
completing the table below.
Principal
(in Php)
2,000
Maturity Value
(in Php)
(2)
(4)
Interest Rate
Interest
Time
(in Php)
(1)
(in % per annum)
10
6 months
10 months
4 years and 3
months
(7)
12 years
(3)
12
800
88,000
(5)
(6)
114,180
500,000
9.5%
(8)
600,000
(9)
10%
(10)
1,210,000
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