Determine the exact simple interest of Php 4,000 for the period of Feb. 14, 1984 to November 30, 1984, if the rate of interest is 18%,

Q: Mark paid Php. 12,000 after 2 years for barrowing Php. 10,000. What is the simple interest rate…

A: Given: Total Amount Paid A=12000Time T=2 yearPrincipal Amount P = 10000Rate of Interest = ?

Q: Determine the value of an account after 10 years if a principal amount of 11000 was deposited with…

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Q: A deposit of Php 1,000/month in a bank giving 6% interest compounded monthly for two years. He…

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Q: A woman plans to place a single sum in a certificate of deposit account with a guaranteed interest…

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Q: Find the simple interest paid on a $470 loan at 6.9% annual interest for 3 months

A: Given:The principal amount (P) is $470.The rate of interest (R) is 6.9% per year.The number of terms…

Q: Determine the required fifteen equal annual deposits that can provide 8  withdrawals, The first…

A: consider the equation

Q: Calculate the simple interest earned in 1 year on a deposit of $1900 if the interest rate is 8%.

A: *** This is the problem related to financial mathematics and we are Advanced math expert and have…

Q: A loan of P100,000 has been issued for 5 years. Compute for the amount to be repaid to the lender if…

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Q: Find the interest due on $1,400 at 9% for 270 days

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Q: find the lump sum deposited today that will yield the same amount as monthly paymenst of  $100 with…

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Q: a) Sara deposited RM2,800 in an account when she was 15 years old. The simple interest rate offered…

A: Given problem Given that   a) Sara deposited RM2,800 in an account when she was 15 years old.…

Q: At what interest rate will the Php 13,250 amounted to Php 17, 500 from March 5, 2000 , to April 5,…

A: Given Principle (P) = Php13250 Amount (A) = Php17500 Here time from March 5, 2000 to April 5, 2020…

Q: Mr. Cruz obtained a 16-year mortgagee for 3,592,974. If this monthly payment is 17,520 how much is…

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Q: Find the principal if $245 in interest is due after 10 months at 7%

A: By using formula of simple interest.

Q: A yearly payment of ₱50,000 is due at the start of each year for 10 years for an insurance worth…

A: Let the yearly rate of interest be r% per annum. It is given that a yearly payment of ₱50000 is made…

Q: Find the interest on PHP 65,250 at 9.5% interest from Mar. 12, 2020 to Sept. 15, 2020, using the…

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Q: find the exact ordinary interest on ₱25,450 for 500 days at 10.25% and 11.38%

A: Given problem:- find the exact ordinary interest on ₱25,450 for 500 days at 10.25% and 11.38%

Q: Find the proceeds of Php 45,600 due at the end of 18 months if the discount interest rate is 10½ %.

A: Here we use the formula and given information to answer the question as follows.

Q: Find the simple interest earned on 5,000 deposited 40% for 10 years.

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Q: 8. What is the yearly simple interest rate that Ken earns, if after only three months he earned…

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