What interest was earned if P500 500 is invested at 10 1/2% from October 20, 2019 to March 20, 2020? (A) P22 042.85 B P522 396.88 P21 896.88 (D P479 520.96
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- 1 How much interest is earned at 2-% if an amount of P10,500 was invested on October 3, 2021 and will mature on June 3, 2022? A P10,675 B P174.76 (C) P1,750 D P175How much interest is earned at 2.5% if an amount of P10,500 was invested on October 3, 2021 and will mature on June 3, 2022? P10,675 P1,750 P174.76 P175What is the interest expense for 2020? A. P3,000,000 B. P2,040,000 C. P1,840,000 D. 0
- What was the invested on July 29, 2021 if it amounted to P130 300 on March 6, 2022 at 2%?. Use the Banker's Rule. A P128 741 B P131 899.79 P128 719.61 P128 740.99A sum of money was invested on December 12, 2021 at 3.7% simple interest p.a. When the money was withdrawn on July 8, 2022, it had matured to $6879.61. How much money was originally invested? d Moving to another question will save this response. Question 4 of 15What amount of interest is capitalized on December 31, 2020? A. P1,200,000 B. P1,000,000 C. P600,000 D. P400,000
- How much is the gross profit realized in 2019? A. P1,600,000 B. P1,350,000 C. P500,000 D. P250,000EX.M.104 Use the compound interest tables to answer the following questions. (Click here to access the PV and FV tables to use with this problem.) Required: Round your answers to the nearest dollar. a. How much will be accumulated on January 1, 2024 if $450,000 is deposited on January 1, 2020, and interest is compounded annually at 10%? $__________________ b. How much will be accumulated on December 31, 2028 if $80,000 is deposited on December 31, 2020, and the fund pays 9% interest compounded semiannually? $__________________ c. What will be on deposit on January 1, 2025 if $50,000 is deposited on January 1, 2020, in a fund that earns 16% interest compounded quarterly? $______________________On January 1, 2019, Allure Company sold an equipment with a carrying amount of P800,000, receiving a noninterest bearing note due in three years with a face amount of P1,000,000. There is no established market value for the equipment. The interest rate on similar obligations is 12%. The present value of 1 at 12% for three periods is .712.
- If a sum of $5000 is deposited now, 57500 is deposited 3 years from now, And $2000 per year in years 4 through 10, Determine the amount at the end of year 10 if the interest rate is 10%. Select one: O a. 30813.73 Ob. 57335.65 O c 46558.44 O d.65840.74 O e. 40603.69Find the exact simple interest on P 10,000.00 for the period from January 12 2016 to November 23 2018, if the rate of interest is 22% * O P6,287.43 O P6,304.86 P6,298.83 O P6,233.33 ооQuestion 2 You invested 5000 in year 2 and 5000 in year 10, what would be the future value, if the interest rate is 2.45%? 11617,27 B) 11417,27 C10417,27
