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

A father puts Php550,000 in a savings account at a birth of his son, If the account pays 2.5% compounded semi-annually, how much will the account contain when his son turns 18 years old? O Php305,167.50 O Php301,101.69 O Php638,800. 10 O Php860,169.10

Find the new balance for $1,000 left on deposit for 6 months at 4% interest compounded quarterly.

Determine the amount due if $8000 is borrowed for 6 years at 4.7% compounded annually.