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: Calculate the principal that will earn $148.32 at 6.75% in eight months.

A: The question requires the computation of the principal amount that will yield the interest of…

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

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Q: Determine the future value of Php29, 500.00 loan after 7 years at 3% per annum

A: FORMULA: A=P1+rnnt where A= Future value P= Initial value r= rate of interest t= time period n=…

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: Calculate the amount of interest that will be charged on $ 6549 borrowed for 5 months at 6.81 %.

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Q: Calculate the simple interest due on a 45-day loan of $1600 if the interest rate is 8.7%

A: P=principle=1600r=interest rate=8.7%=0.087t=time=45 day=45365 yearI=interest

Q: Solve for the future value of PHP75,000 invested at the end of each month for 3 years at 2.7%…

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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: How much is the total interest on Mr. Marc Pogi's loan? * O 1,476,237.922 O 1,154,024.752 O…

A: answer : option a) 1,476,237.922Note* in solution I have calculated the approximate values so the…

Q: Find the future value of Php 2,000 after one year at 3% interest rate compound a. quarterly b.…

A: We can find the answers as below.

Q: Calculate the simple interest due (in dollars) on a 60-day loan of $1,600 if the annual interest…

A: Given

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

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Q: A loan of P95,000 is borrowed for 240 days at a simple interest rate of 12.3 percent per year. What…

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Q: If money is worth 4% compounded semiannually, find the present value and the final amount of an…

A: Total period is 3.5  years Annuity due pay =Php 11,250 Therefore P=11,250 The money is worth 4%…

Q: If you were to lend Rs. 1,500,000 for five years and charged 19%. Calculate your return in each…

A: Note: It is assumed that the charged amount is the simple interest. The simple interest, I, is…

Q: how much will amortize a product with a down payment of 3,000 Php for a monthly payment payable for…

A: Given Price = 21,000 and 15% discount  time = 2 years

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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