Leo Jeriel borrowed Php 3,785 from a friend and promised to repay him in 9 months plus 12% interest. How much interest will he pay when the loan matures?

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: 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: Mark paid Php. 12,000 after 2 years for barrowing Php. 10,000. What is the simple interest rate…

A: Given: Total Amount Paid A=12000Time T=2 yearPrincipal Amount P = 10000Rate of Interest = ?

Q: Jun is investing an amount at 15% simple interest for 3 years. If he intends to have Php 48,200.00…

A: To find out the principal.

Q: At the end of each year, Carl and Linda Munson will deposit $2100 into a 401k retirement account.…

A:

Q: Jan paid Php 9,250 on a loan made 6 months before at 12% simple interest. Find the interest…

A: Amount Paid after 6 months= 9250 rate of interest=12%=0.12 Recall: Amount after time t years…

Q: Carlita rodriguez and her brother purchased a house for $156,600. neighbors credit union financed…

A: cost of house = $156600 downpayment = 20% therefore calculate the downpayment 20% of 156600…

Q: A cashier working part-time had a gross income of $27,650 last year. If his federal tax rate was 10%…

A:

Q: Ana borrows Php 20,000.00 from her uncle and agrees to pay him Php 22,000.00 in 15 months. What…

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Q: Ichan bought a car, he puts Php25,000 down payment and make monthly payment of Php12,000. If his car…

A: In your problem, the interest rate is absent. Here we consider as no interest applied. Assume he…

Q: riana re

A: Given  Pay (P) = 26000$ Rate of interest (R) = 4.125% Time period (T) = 10 years

Q: Carlo purchases a new laptop computer from Microworx Computer Solutions for Php14,990. If the sales…

A: Given:  The cost of the new laptop is Php14,990 and the sales tax is 4.25% of the purchase price.…

Q: The monthly mortgage loan payment on the Flynn's home is $826. Additionally, they pay $887 in annual…

A:

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: Toni decides to pay off a 12% interest Php 25,000.00 loan ahead of time. The lending institution…

A: We have to find how many days is she being charged for interest.

Q: What is the present value if after 6 years the money earns Php85, 200 at 8.25% rate?

A: Note that since we are only given the rate 8.25% and nothing more is specified, the rate is assumed…

Q: Mittola just won $383,000 in a state lottery. He invests it in an annuity earning 47% interest in…

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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: John invested Php 25,000 in a government bond that earns 3.75% annual interest, subject to a 20%…

A:

Q: Melissa Silva borrowed $4,200 from the bank. If she has already repaid of the loan, what is the…

A: As per the instruction, we will be answering only the first question. For (16), We are given that…

Q: Mr. Remo is considering to pay his outstanding balance after 6 years of payment. The original amount…

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Q: Margaux borrowed 20,000 php from a lending corporation that charges 15% interest with an agreement…

A: Please refer to the image below

Q: 5. If Wendy wants to invest her Php25,000, how many years will it take for her savings to accumulate…

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Q: A car loan with a face value of Php1,300,000.00 has to be purchasedwith a downpayment so that a…

A: Given that Face value of car is Php 1300000.00 Monthly payment is Php 1500.00 Time t=5 years=60…

Q: How much should Allyson put into 6% saving account in order to have Php. 100,000.00 in 5 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

A:

Q: Craig and Tammy recently sold their home for $247,000. Their loan balance is $134,850. What is their…

A: Given Selling price = $247,000 Loan remaining ( that has to be paid off)  = $134,850

Q: Find the simple interest rate of the principal of Php. 15,000 with simple interest of Php. 30,000…

A: Given: Simple interest I=30000 Time (years) t=5 Principal Value P=15000 We have to find Simple…

Q: My friend is charging 3.69% per month me on loan. a

A: Given interest is 3.69% per month For annual nominal rate we use formula n(1+r)1n-1 Where r is the…

Q: What is the simple interest due on a 120-day loan of Php7000 if the annual interest rate is 5.25%?

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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: A friend lends you $860, which you agree to repay with 2% simple interest. How much will you have to…

A: Other

Q: A loan of RM7,000 was made on 15th October 2020 at XYZ Bank that charged a simple discount rate of…

A:

Q: A recent college graduate accepts a job at Google Inc. The job has a salary of $57,000 and is…

A: Given,           A recent college graduate accepts a job at Google Inc. The job has a salary of…

Q: What is the current vield of a bond with face value of Php50,250 and pays yearly interest of 8.5% if…

A:

Q: Robert deposits $ 3000 in State Bank of India for 3 year which earn him an interest of 8%.What is…

A: simple interest of amount $3000 for 1 year at 8% rate= 3000x1x8100=$240amount he gets after 1…

Q: A loan of 50,000 Php is to be paid in 3 years at the amount of 65,000 Php. What is the simple…

A: 15000 Php

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: to $11,500 in 2 years and the interest amount earned was $950,

A:

Q: two

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

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

A:

Q: Melissa Silva borrowed $6300 from the bank. If she has already repaid 4/7 of the loan, what is the…

A:

Q: What principal will yield an interest of Php 262.50 for 6 months at 14% interest?

A: The given problem is to find the principal amount at which interest is Php 262.50 for six months at…

Q: Determine the interest rate being used if Php105, 200 earns Php60,000 after 5 years

A: considering the Simple interest , The principal is Php 105,200 The Interest  earned is Php 60,000…

Q: If a principal of P2,500 earns interest of P185 in 3 months, what interest rate is in effect? 2. How…

A:

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

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Q: How much interest will Angel pay if she borrowed P120 000 payable in 8 months at 2.5%?

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.

Q: A man borrows Php 100,000 from the Social Security System for a term of one year. The interest…

A: Bank Discount  =100000×15100=15000