4. If you pawned your jewelry at Php 50,000 for 75 days at 8% per annum simple interest.How much will be due at the end of 75days? 5. You borrowed money from a friend at 10% simple interest.Find the present worth of Php 100,000 which is due at he end of 10 months.

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
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4. If you pawned your jewelry at Php 50,000 for
75 days at 8% per annum simple interest.How
much will be due at the end of 75days?
5. You borrowed money from a friend at 10%
simple interest.Find the present worth of Php
100,000 which is due at he end of 10 months.
Transcribed Image Text:4. If you pawned your jewelry at Php 50,000 for 75 days at 8% per annum simple interest.How much will be due at the end of 75days? 5. You borrowed money from a friend at 10% simple interest.Find the present worth of Php 100,000 which is due at he end of 10 months.
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