Find the accumulated amount if PhP 1,550 is deposited for 718 days at 5.80% simple interest. Use Exact Method/Time. ROUND-OFF YOUR ANSWER TO 2 DECIMAL PLACES. During computations, use 4 decimals when rounding off.

Q: Leo Jeriel borrowed Php 3,785 from a friend and promised to repay him in 9 months plus 12% interest.…

A: We want to find simple interest

Q: 3. Php 120,000 is deposited in a savings bank that earns 9% simple interest per year. What will be…

A: given principal amount (P)=php 120,000 interest R=9% T=5years sum of amount after five year? formula…

Q: You have $5,000 on a credit card that charges a 23% interest rate. If you want to pay off the credit…

A: It is simple interest formula.

Q: Find the maturity value and interest if Jacob invested his money Php 150,000 at 6% compounded…

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Q: Calculate the amount of simple interest earned $1269 at 7.27% for 4 years. Round to the nearest…

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Q: Find the cash price of an Android-based phone plan if a customer pays PhP 999 monthly for 2 years at…

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Q: A company purchased an asset for P10,000.00 and plans to keep it for 20 years. If the salvage value…

A: Please check step 2 for the solution.!

Q: Michael Wittry has been investing in his Roth IRA retirement account for 24 years. Four years ago,…

A: Number of years of investing is 24 years. Four year ago, The amount in the account is $215,601.…

Q: What principal will earn $219.89 interest at 11.25% p.a. from November 16, 2013 to February 7, 2014?…

A: Given that, I=$219.89,R=11.25%,n=84 days. Calculate P=A1+rt. P=A1+rtP=219.891+(0.1125)×84360P=214.27…

Q: You deposit Php 5000 each year into an account earning 8% interest compounded annually. How much…

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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: Determine the exact simple interest on ₱5,000 for the period from Jan. 15 to Nov. 28, 1992, if the…

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Q: Ms. Angeles borrowed Php 500,000 from Gabz bank. If the bank changed Php 27,245 interest for the use…

A: Consider the formula for simple interest I=PRT, where I is the interest, P is the principal, R is…

Q: On June 1, Elena Moore deposited $610 in a savings account at Metro Savings and Loan Association. At…

A: I have appended the formula used in the solution part.

Q: Determine the total accumulated interest of money worth Php100,000.00 borrowed from January 27,…

A: We have to find the total accumulated interest of money.

Q: The tuition at a certain college was ​$20, 181 last year and increased 5.3​% from last year to the…

A: Given: -

Q: Find the interest and final amount respectively on Php 8,200 for 2 years and 3 months at 6%,…

A: *** This is the problem related to financial mathematics and we are Advanced math expert and have…

Q: Find the monthly PMT on a 140,000 house in which 20,000 down taken at 6% over 30 years.

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Q: Find the interest earned on an investment of Php 10,000 into a money market account that pays a…

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Q: Find the amount due if $600 is borrowed for 9 months at 8% simple interest. Amount = $ %3D

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Q: What would be the predicted stock return for a company whose CEO made $15 million % (Type an integer…

A: We have used the excel data analysis tool to run the regression analysis.

Q: Find the amount on P55, 000 at 5 ½ % simple interest for 5 years

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

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Q: find the lump sum deposited today that will yield the same amount as monthly paymenst of  $100 with…

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Q: You deposit Php 1000 each year into an account earning 5% interest compounded annually. How much wi…

A: Formula: F=A×1+rn-1r where A=Deposited amount each time period r= Interest rate n= Number of…

Q: On 2 November 2014, Murni saved RM2,400 in an account that pays 8.6% per annum simple interest.…

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Q: What is the total annual dividend received from owning 100 shares of stock A, if Company A issues a…

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Q: Ric borrowed Php 100,000.00 from a bank. Ric's interest is Php 1,000.00 for 90 days. What rate…

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Q: 7

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Q: Find the principal invested if $495 interest was earned in 3 years at an interest rate of 6%.

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Q: Find the cash price of an Android-based phone plan if a customer pays PhP 999 monthly for 2 years at…

A:

Q: You deposit Php 5,000 into an account paying 8.5% annual interest compounded monthly. a. how much…

A: We can solve the given problem using concept of compound interest.

Q: A bank is offering 2.5% simple interest on a savings account. If you deposit $5000, how much…

A:

Q: 5. Mrs. Menquito borrowed Php 250,000 at 5%. How much interest should she pay in one year.

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Q: Accumulate Php 25,000 for 7 years and 7 months at 4 1/8% simple interest.

A: The formula for simple interest is I = Prt Where I = Interest earned, P = Principal amount, r = rate…

Q: Find the amount due if $400 is borrowed for 14 months at 17% simple interest. Amount = $

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Q: find the amount that must be repaid. $8563 borrowed at 15.5% simple inteeest. what total amount to…

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

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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: Discount 7,500 PHP for 2 years at 8% converted monthly. *

A: Given, discount 7500 PHP for 2 years at 8% converted monthly:

Q: Find the interest earned after 3 years if P12 000 is deposited a savings account which earns 5%…

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Q: Joanna Mae inherited Php 25,000 on the day she became 19 years old. Under the specifications of the…

A: Joanna Mae got Php 25000 when she turned 19. We need to determine the money she will have on 21st…

Q: Find the accumulated amount if PhP 1,411 is deposited for 755 days at 7.56% simple interest. Use…

A:

Q: On January 7, 2018, $4000 was deposited into an account which earns 5% annually. Assuming simple…

A: I=PRT

Q: Maria invested php 175,000 in a savings account that pays 0.3% simple interest annually. Assuming…

A:

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: Find the amount in the account at the end of 8 years.

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Q: Jill plans to put her money worth PhP 463,349 in a time deposit paying 2.27% compounded monthly for…

A:

Q: Joseph borrowed Php 5,000 on November 2, 2015 from Arthemus, which is to be repaid on May 21, 2016…

A: Here we will find out the required value.