P1--35. How much interest will Php 70 000 earn for 1 ½ years if invested at 8% compounded semi-annually? 36-40. To have a capital for a small food business, Mang Nestor borrowe Php 10, 00 at 2% interest rate compounded quarterly. How much does Mang Nevor need to pay after 2 years?

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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31--35. How much interest will Php 70 000 earn for 1 ½ years if invested at 8%
compounded semi-annually?
36-40. To have a capital for a small food business, Mang Nestor borrowe Php 10, 000
at 2% interest rate compounded quarterly. How much does Mang Nevor need to
pay after 2 years?
Transcribed Image Text:31--35. How much interest will Php 70 000 earn for 1 ½ years if invested at 8% compounded semi-annually? 36-40. To have a capital for a small food business, Mang Nestor borrowe Php 10, 000 at 2% interest rate compounded quarterly. How much does Mang Nevor need to pay after 2 years?
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