What is the maturity value (in Php) for a loan of Php 616.921 at 6.3% interest for 6 months? (Hint: Maturity Value - Principal + Interest)

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Q: Jaymar invested 320,000 in ESPS Bank for 2 years at 7% annum interest rate. Find the a) interest.…

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Q: Given: ₱100,000 at 2% for 18 months Find the maturity value (A).

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Q: If you are planning to apply for a personal loan and borrow PhP 30,000 and repay the principal and…

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Q: 700 TL is borrowed on 01.01.2005 and it is expected to be repaid on 01.01.2006 as 749 TL in total.…

A: Given, Principle amount P = 700 Time period = 01.01.2006  - 01.01.2005 = 1 Year Final Amount A = 749…

Q: Paula Jan borrowed Php 3,450 for 1 year and 3 months at 18% simple interest. What is the maturity…

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Q: Principal: $8,600.00  Interest Rate: 11% Date borrowed: 10/25/2024 Date Repaid: 1/31/2025 Days…

A: Principal: $8,600.00 Interest Rate: 11%Date borrowed: 10/25/2024Date Repaid: 1/31/2025Days (ordinary…

Q: A contract has been signed to leave a building at P200,000 per year with an annual increase of…

A: Solution:-

Q: An interest –in-advance collected from an amount of P85, 500 borrowed for 450 days and discount rate…

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Q: Use simple interest formula: Principle=8400    Rate= ?           Time=60 days     Interest=    1260$…

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Q: 3. Find the amount of annuity of Php 2,500 payable every end of 6 months for 8 years with an…

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Q: uppose you pay only the interest on a loan. Will the loan ever be paid off? Why or why not

A: The answer is no

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Q: Find the exact interest on a loan of $7500 at 13% annually made on July 17 and due November 30.…

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