PhP 20,000.00 was invested at simple interest, part at 11% for two years and the rest at 8% for three years. The total interest earned was PhP 4690.00. How much was invested at 11%?
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- If Php 1,000 becomes Php 1,811.36 after 5 years when invested at an unknown rate of interest compounded bi-quarter, determine the effective rate of interest.RM1,800 is invested in scheme A at 10% per annum for 2 years at simple interest while another RM1,800 was invested in scheme B at 10% compounded quarterly. Which scheme will give more profit to investor and find the difference between the interest earned?Find the compound amount if php 82,000 is invested at 11% compound quarterly for 3 years and 5 months
- What is the compound amount and interest if Php 10,000 is invested at 3.6% compounded monthly for 2 years?If Php 5,000 becomes Php 9,734 after 12 years, when invested at an unknown rate of interest compounded monthly, determine the unknown nominal rate and corresponding effective rate.How much interest was earned by an investment that earns at a rate of 9% compounded semiannually for 7 years if the initial investment is at Php 18,000.00? a.Php 15,353.01 b.Php 15,535.01 c.Php 15,533.01 d.Php 15,335.01
- How much interest was earned by an investment that earns at a rate of 9% compounded semiannually for 7 years if the initial investment is at Php 18,000.00? A. Php 15,533.01 B. Php 15,535.01 C. Php 15,353.01 D. Php 15,335.01Find the compound amount if P5,000 is invested at 10% compounded semi-annuallyfor 2 years.When invested at an annual interest rate of 7%, an amount earned Php11,200 of simple interest in 2 years. How much money was originallyinvested?
- If P10,000 is deposited in a bank for 10 yrs at an interest rate of 7% compounded quarterly, determine: a. the total amount at the end of 10th yr; b. yearly increase of the investment; and c. effective rate of interestA mine will have a net annual income of P400,000.00 annually for 15 years. Determine its value if the annual dividend rate is to be 12% payable annually and sinking fund is to accumulate 7% annually.How much interest was earned by an investment that earns at a rate of 9% compounded semiannually for 7 years if the initial investment is at Php 18,000.00?