Cardo Dalisay borrowed Php 160,000 at 7½% per annum simple interest. On the same day, he lent it to Jerome Girona at the same rate but compounded annually. What does Cardo Dalisay gain at the end of 3 years?

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $621 per month…

A: Given information Amount deposit per month P=$621 Rate of interestr=6% compounded monthly.…

Q: ABC bank pays interest at the rate of 2% compounded quarterly. How much will have in the bank at the…

A:

Q: Three years ago, the original amount in a fund was Php 1,200. The interest rate is 14%. Find (a) the…

A: Given that : Rate (r) = 14% Time (t) = 3 years Principal (p) = 1200 By using simple interest (s.i.)…

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $385 per month…

A:

Q: The sum of Php 15,000 was invested for 3 years at 9% interest compounded semiannually (a) how much…

A: Given that : Principal (P) = 15000 Rate (r) = 9 % annually... For semiannually rate becomes  9/2 %…

Q: You deposit $400 each month for 17 years into an account earning 6% interest compounded monthly.…

A:

Q: The buyer of a lot pays Php. 50,000 cash and Php. 14,500 every month for 10 years. If money is 8%…

A: We will find out the required value.

Q: ou can afford monthly deposits of $190 into an account that pays 4.2% compounded monthly. How long…

A: Given information -  Monthly deposits = $190 Rate of interest = 4.2% The interest is compounded…

Q: How many years will the Php 10,000 become Php 15,000 if it is invested in an instrument that offers…

A: We have to find how many years will the $10,000 become $15,000 if it is invested in an instrument…

Q: A man deposited P5,000 on the date his son celebrated his 1st birthday. If money is worth 10%…

A: Amount deposit (P) = 5000  Interest rate = 10%  Time = 20 years (compounded semi-annually)

Q: Marcelo invested $66,100 in a mutual fund at 4.2% compounded annually. After 4 years, the interest…

A:

Q: How much should Winona deposit in his savings account so that he will be able to withdraw ₱580,450…

A: We will find out the required value.

Q: Engr. Velasco decided to subscribe in a globe promo which must be paid one thousand pesos per month…

A: Since in the given question, the payment will start three years from present, that  is the amount…

Q: Mark deposited P1,200 in an account that pays 3 ½% compounded monthly. He continues to deposit the…

A:

Q: what lump sum do parents need to deposit in an account earning 7% compound monthly so that it will…

A: Here r=7%=0.07, n=12 ,A=$100000, t=15. Let parents need to deposit the lump sum $P We find P.…

Q: At the end of 6 months, Mr. White pays Php 12,500.00 per month to the bank for 5 years for the car…

A: Given:  P(Principal amount per month)=$12500 R(Rate of…

Q: B. Zoe made a fixed deposit of Php 100 000. After 2 years she got an amount of Php 144 000…

A:

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: find the least amount  that could be deposited in a bank account today at 12% compounded quarterly…

A:

Q: On Melissa 6th birthday, she gets a $6000 CD that earns 6% interest, compounded quarterly. If the CD…

A: Given data: Melissa on her 6th birthday gets a P=$6000. The rate of interest she earns r=6%=0.06…

Q: Alex makes deposits of $270 every month for 3 years into a savings account earning 2.5% compounded…

A: Given: Deposit amount, P=$ 270 Time period, t =3 years Interest rate, r = 2.5 % Compounded…

Q: Robert borrowed Php 57,000 from a lending institution that charges 2.5% compounded every 4 months.…

A:

Q: rohani buys a washing machine by paying a RM 400 deposit and paying the balance RM 1772 after 5…

A: Given that rohani buys a washing machine by paying a RM 400 deposit and paying the balance RM 1772…

Q: Nancy deposited $950 into an account that pays 5.41% annual interest compounded annually. When she…

A:

Q: You deposit $6000 in an account earning 2% interest compounded the account in 10 years?

A: Here the deposit amount P(0)=$6000 rate r= 2%=2100=0.02 time t=10 years

Q: teach

A: Given, A teacher saves P5,000 every 6 months in the bank that pays 0.25% compounded monthly.

Q: John made periodic deposits of $300 to Floor Bank, which pays 8% interest compounded semiannually.…

A: Given: The value of Periodic Deposit is $300 The value of Annual Interest Rate is 8.00% compounded…

Q: To help pay for a class trip at the end of their senior​ year, the junior class at a high school…

A: Given information:Principal amount (P)= $1700Rate of interest (r)= 4.9% = 0.049Compounded monthly…

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: Michelle invests in a savings account that pays 8% interest compounded monthly. What is the APY for…

A:

Q: You take out a Php 20, 000 loan at a 5% interest rate. If the interest is compounded annually, how…

A: Given P = 20000R = 5T = 10

Q: Bianca wants to have Php 60,000 in the future. If she decides to deposi 1000 at the end of every…

A: This is the problem of series and financial math.

Q: A deposit of $2, 150 earns 6% interest compounded quarterly. How much money is in the bank after for…

A:

Q: In order to help pay for his trip abroad for his spring semester of his senior year in college, Marc…

A:

Q: aul's mother saved P5000 at the end of every six months in an educational plan that earns 6% per…

A: Initial deposited  —@ end of each six month=5000Rs. deposit…

Q: A Php 500,00.00 trust-fund was set up and to be used by an 8-year old niece when she goes to…

A: It is given that, Principle value , P=50000 Time =10 years Interest Rate, r=9.75%=0.0975 Since,…

Q: two

A: This contains two question, only first question is answered. Please refer to the image below

Q: Laura invests $2,000 in a bank account which pays a compound interest rate of 6.4%. To the nearest…

A: Given that Amount of money Laura invested = $2000 Compound Interest rate = 6.4%  To calculate the…

Q: Tommy deposited Php45,000 on September 6, 2012 in an account that pays 7% interest compounded…

A:

Q: Ryan deposited ₱ 25,000 in a saving bank on Jan. 13, 2013. At that time the bank was paying 4%…

A: Given: Deposited amount = ₱ 25,000 Rate of interest till July 12, 2015 = 4 % compounded quarterly…

Q: Mr. Ribiya would like to save 500,000 for his son’s college education. How much should he deposit in…

A: Compound interest formula: P = P0{1+(r/n)}nt ,where P0 = initial principal balance,     P = future…

Q: A bank lends $9000 at 7% simple interest. At the end of 1 year, how much interest is owed on the…

A: Given that, P = $9000 r = 7% n = 1 year By formula, Simple Interest = Pnr100

Q: Maya has savings of $50,000. She invests in a bond mutual fund that pays 4% interest each year.…

A: Given that  Maya investing her savings $50,000 in a bond mutual fund. Interest per annum = 4% = 0.04…

Q: Mr. Jolo deposited an amount of P20,000.00 in a bank that gives 3% annual interest compounded…

A:

Q: Doug invests a sum of money in a retirement account with an annual interest rate of 7% compounded…

A: Given that  Doug invests a sum of money in a retirement account with an annual interest rate of 7%…

Q: ong deposited an amount of Php10 000 in a bank that pays 4% annual interest compounded monthly. How…

A: Given that: Money deposited, P0=10000 Php                     Rate of interest, r=4%…

Q: On his 7th birthday, Lee was left with an inheritance. The inheritance will be paid in a lump sum of…

A: The value of the inheritance as of Lee’s 7th birthday= 4723.432

Q: Now, a vendor borrowed money to be paid in 10 equal payments for 6 quarters. If the interest rate is…

A:

Power Operation

Power operation is topic of algebra in Math. It is use to represent repeated multiplication. Very big number and very small number can be easily express using power operation. Power operation is useful in many fields. In space engineering, it helps in representing the distance or size of particular heavenly body. In medical field, it is used to represent very small size. In medical field it helps to mention size of bacteria or virus. 

Exponents

The exponent or power or index of a variable/number is the number of times that variable/number is multiplied by itself.