A. Compute the simple interest value and the maturity value. Cas Principal (in Php) Interest Rate Time Interest Maturity Value (F) per Year #3 1 50,000 8% 2 years 1,000,000 12.7% 18 months 3 64,400 52 % 7 months

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 16E
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he will pay on the loan on the maturity date.
b) How much will he have to pay the bank at the end of the two years?
"Check your answers against the Key to Corrections found at the end of this SAS.
/ Activity 3: Skill-building Activities (with answer key) (18 mins + 2 mins checking)
Write your score on your paper."
PART A. Compute the simple interest value and the maturity value.
Cas
Principal
(in Php)
Interest Rate
Time
Interest
Maturity Value (F)
e
per Year
#3
1
50,000
8%
2 years
1,000,000
12.7%
18 months
3
64,400
5 2 %
7 months
4
750,000
10 %
6 months
800,000
0.15%
31/2 years
11.9%
2 years
540,000
8.4%
10 months
7.
337,500
5 months
12 ½%
8
1,250,000
Transcribed Image Text:he will pay on the loan on the maturity date. b) How much will he have to pay the bank at the end of the two years? "Check your answers against the Key to Corrections found at the end of this SAS. / Activity 3: Skill-building Activities (with answer key) (18 mins + 2 mins checking) Write your score on your paper." PART A. Compute the simple interest value and the maturity value. Cas Principal (in Php) Interest Rate Time Interest Maturity Value (F) e per Year #3 1 50,000 8% 2 years 1,000,000 12.7% 18 months 3 64,400 5 2 % 7 months 4 750,000 10 % 6 months 800,000 0.15% 31/2 years 11.9% 2 years 540,000 8.4% 10 months 7. 337,500 5 months 12 ½% 8 1,250,000
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