Ms. Poo Hun deposited P120,000 in a cooperative with 2.5% rate of interest. After 10 years, she decided to withdraw all her money from that cooperative to start her own business. How much money will Ms. Poo Hun get? (5 points) How much is the interest of her investment? (5 points)
Ms. Poo Hun deposited P120,000 in a cooperative with 2.5% rate of interest. After 10 years, she decided to withdraw all her money from that cooperative to start her own business. How much money will Ms. Poo Hun get? (5 points) How much is the interest of her investment? (5 points)
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter2: Solving Equations
Section2.5: Solving Equations Using Addition Or Subtraction
Problem 29E
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Question
Direction: Read and analyze the problem carefully, then, answer the questions that follow. Please read the point allotment provided to be guided on how you should answer each question.
Ms. Poo Hun deposited P120,000 in a cooperative with 2.5% rate of interest. After 10 years, she decided to withdraw all her money from that cooperative to start her own business.
- How much money will Ms. Poo Hun get? (5 points)
- How much is the interest of her investment? (5 points)
Point Allotment:
- Correct identification of the known values (2 point)
- Correct and complete solution (2 points)
- Correct answer (1)
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