Principal Interest Rate Time (days) Simple Interest 1. P50 000 7% P583.33 Solution: 2. ? 6% 90 P2 250.00 Solution: 3. P60 000 45 P4 125.00 Solution: 6.5% 120 days P4 333.33 4. Solution: 9% ? P6 750.00 5. P150 000 Solution:

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 18PFA
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Activity 17: 7inding Unknown in Simple Interest Formula
(Rate, Time, and Principle)
Target Skill:
Computing the unknown in simple interest formula.
A. Compute the following:
Principal
Interest Rate
Time (days)
Simple Interest
1.
P50 000
7%
P583.33
Solution:
6%
90
P2 250.00
Solution:
P60 000
45
P4 125.00
Solution:
6.5%
120 days
P4 333.33
4.
Solution:
9%
P6 750.00
P150 000
Solution:
2.
3.
5.
Transcribed Image Text:Activity 17: 7inding Unknown in Simple Interest Formula (Rate, Time, and Principle) Target Skill: Computing the unknown in simple interest formula. A. Compute the following: Principal Interest Rate Time (days) Simple Interest 1. P50 000 7% P583.33 Solution: 6% 90 P2 250.00 Solution: P60 000 45 P4 125.00 Solution: 6.5% 120 days P4 333.33 4. Solution: 9% P6 750.00 P150 000 Solution: 2. 3. 5.
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