You deposit Php5000 in an account earning 6% interest, compounded semiannually. How much is in the account at the end of 1 year? Php 150 Php 5300 Php 5150 Php 515

Q: Mang Ambo borrowed P90,000.00 from a friend. The borrowed amount earned P5,000.00 at 6 1/2% simple…

A: Note: It is assumed that the time period is being asked.   The simple interest is calculated using…

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Q: Yoy deposit $200 each month in an account earning 3% interest compounded monthly. How much total…

A: Given that $200 deposited each month in an account and earning 3% interest compounded monthly.

Q: Discount ₱15,800 for 11 months at 14.25%simple interest.

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Q: A deposit of Php 21,500 earn 6% interest compounded quarterly. How much money is in the bank after 6…

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Q: Determine the interest earned if $87000 is invested at 1.7% simple interest for 47 months.

A: .

Q: Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded…

A: Topic = Algebra    Formula for compound interestA=P1+rnntA=Final amountP=Principalt=timer=interest…

Q: At the end of 6 months, Mr. White pays Php 12,500.00 per month to the bank for 5 years for the car…

A: Given:  P(Principal amount per month)=$12500 R(Rate of…

Q: $1,400, at 8% interest, for 42 months

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Q: Peter took a loan of $15000 from TD bank, the interest rate is 12% compounded monthly. Peter plans…

A: To calculate the amount of interest in the 25th payment for Peter's loan, we can use the formula for…

Q: A deposit of $1500 in an account pays 7.25% interest a year. What is the account balance after 8…

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Q: Manjot Singh bought a new car for $14 888 and financed it at 8% compounded seni-annually. He wants…

A: Given price of new car is P=$14,888 Interest rate r=8% compounded semi annually ⇒r=8100=0.08 Pay…

Q: Find the amount due if $600 is borrowed for 9 months at 8% simple interest. Amount = $ %3D

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Q: Find the amount on P55, 000 at 5 ½ % simple interest for 5 years

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Q: Discount p500 for 2 years at 6% simple interest?

A: The simple interest formula for a principal amount(p) for t years at an interest rate of r% is given…

Q: A savings account that has 850$ deposited on march 1st earns 0.4% annual interest compounded daily.…

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Q: Find the amount due if $400 is borrowed for 14 months at 17% simple interest. Amount = $

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Q: Three months after lending money, James received an interest payment of 5 points PHP 812.50. How…

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Q: You deposit $1000 each year into an account earning 6.1% interest. How much will you have in the…

A: Given Information :  Amount $1000 deposit each year into an account earning 6.1% interest.  Let,  P…

Q: How much is the interest earned at the end of 4th deposit for the regular deposit of Php1500? Money…

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Q: A loan worth $5600 collect simple interest each year for 12 years. At the end of the time, a total…

A: The full form of APR is annual percentage rate which is annual rate of interest charged on loan.