Fill in the blank with the correct answer. ( Simple Interest) Amount/Maturity Principal Interest Rate Term Value Php 150,000 Php 8 5% years Php |240,000 72,000 Php 405,000 Php 36,000 years 13 Php 1,185,600 years Php 156,000 3% Php Php 5% |186,000 65,100

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 3E
icon
Related questions
Question
Answer 4
Fill in the blank with the correct answer. (
Simple Interest )
Amount/Maturity
Principal Interest Rate Term
Value
Php
150,000
Php
8
5%
years
Php
|240,000 72,000
Php
405,000
Php
36,000
years
13
Php 1,185,600
years
Php 156,000
3%
Php
|186,000 65,100
Php
5%
Transcribed Image Text:Fill in the blank with the correct answer. ( Simple Interest ) Amount/Maturity Principal Interest Rate Term Value Php 150,000 Php 8 5% years Php |240,000 72,000 Php 405,000 Php 36,000 years 13 Php 1,185,600 years Php 156,000 3% Php |186,000 65,100 Php 5%
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage