What is the amount at the end of 5th deposit of Php5000 with 12% converted every end of six months? a. Php28185.46 b. Php28500 c. Php8185.50 d. No Answer

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Q: mple mteiest was eanmed of deposit earned an interest rate of %.

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is a…

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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…

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Q: Randy's automobile insurance policy has an annual deductible of $400. His bill for a recent…

A: Topic- arithmetic operations We are givenAnnual deductible amount from insurance=$400Bill for a…

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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

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Q: Rachel wants to buy a car, So she takes out an auto loan for $12,000. The interest on the loan is…

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Q: 2. Mike deposited on March 12, 2020 at 10.5% simple interest. On September 8, 2020, the fund…

A: Solution

Q: Nicolas Cage borrowed $3,456 from his nephew to fund his new movie. Eight months later, he paid back…

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Q: Johnny found a job at McDonalds with a starting salary of $27,000. He is guaranteed a raise of 4.75%…

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