Find the simple interest rate of the principal of Php. 15,000 with simple interest of Php. 30,000 for 5 years.

Q: What interest rate was applied if a loan of ₱65,468 will amount to ₱125,000 borrowed for 2.5 years…

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Q: ow much would be the final payment to be made by Karlo for his loan of P45,000 payable in 12 months…

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Q: What would be the monthly payment on an add-on loan from a credit union at 6% over 36 months for the…

A: I solved with detailed analysis

Q: Mrs Angngad acquired a loan of P50000 from a credit union that charges interest of 16% compounded…

A: From the given information we find the quarterly payment.

Q: What are Jeffery's monthly

A: Given: Jeffery Wei received a 6-year non-subsidized student loan of $31,000 at an annual interest…

Q: monthly

A: Please refer to the image below

Q: How much would be the interest when Bankers Rule was use if a principal of P86, 000 borrowed for 425…

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Q: The amount at the end of 5 years for a monthly deposit of Php1000 at 5% converted at the end of each…

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Q: A student loan of R25000 is to be repaid by regular monthly installments over 60 months. If the…

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Q: Find the full amount if Php67, 300 deposited in the bank for 12 years at 3.15% rate

A: first calculate the interest using the formula S.I =PRT where S.I is the simple interest T is the…

Q: Calculate the simple interest due on a 45-day loan of P1,600 if the interest rate is 9%

A: Concept: Here we shall use the formula for simple interest: SI=P×r×t100 Here P is the principal, r…

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: If money is worth 9% compounded annually, find (a) the present value of Php 24,000 due in 8 years…

A: Given that: Money worth 9% compounded annually. Future amount : Php 24000 Time : 8 years

Q: A car loan with a face value of Php1,300,000.00 has to be purchasedwith a downpayment so that a…

A: Given that Face value of car is Php 1300000.00 Monthly payment is Php 1500.00 Time t=5 years=60…

Q: Engr. Velasco decided to subscribe in a globe promo which must be paid P 4,278 per month for five…

A: Engr. Velasco decided to subscribe in a globe promo which must be paid 4,278 per month for five…

Q: What is the simple interest on ₱12,500 at 8% for 9 months?

A: Formula for simple interest is as follows : I = P×R×T Where , P  is principal amount. R is Interest…

Q: Find the compound amount on a loan of php 85,000 at 6% for 5 years compounded quarterly.

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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: Accumulate ₱56,000 for 650 days applying 10.5% exact interest

A: Given: Principal, P=₱56,000            Rate, R=10.5%            Time, T=650 days To find:…

Q: Calculate the compounded amount if Miya deposited Php 30,000 in a bank which pays 8% compounded…

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Q: What is the simple interest due on a 120-day loan of Php7000 if the annual interest rate is 5.25%?

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Q: What is the rebate fraction of a 42 month loan paid off after the 16th payment

A: We know that, Rebate fraction= sum of digits for number of payments remaining / sum of digits for…

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: How long will it take borrower to diminiy₱198,480 if a lender charges 15.65% monthly and monthly…

A: loan amortization formula A=Pr(1+r)n(1+r)n-1 where A is periodic payment P is loan amount r is…