Compute the following: Principal Time (days) Simple Interest Interest Rate 1. P50 000 7% P583.33 Solution: 2. ? 6% 90 P2 250.00 Solution: 3. P60 000 45 P4 125.00 Solution:

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 80E
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Activity 17: Finding Unknown in Simple Interest Formula
(Rate, Time, and Principle)
Target Skill:
Computing the unknown in simple interest formula.
A. Compute the following:
Principal
1.
Interest Rate
Time (days)
Simple Interest
P50 000
7%
?
P583.33
Solution:
2.
6%
90
P2 250.00
Solution:
3.
P60 000
45
P4 125.00
Solution:
Transcribed Image Text:Activity 17: Finding Unknown in Simple Interest Formula (Rate, Time, and Principle) Target Skill: Computing the unknown in simple interest formula. A. Compute the following: Principal 1. Interest Rate Time (days) Simple Interest P50 000 7% ? P583.33 Solution: 2. 6% 90 P2 250.00 Solution: 3. P60 000 45 P4 125.00 Solution:
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