Simple Interest A. Find the unknown principal (P), interest rate (r), time (t), interest (I) and maturity value (F) by completing the table below. Principal (in Php) 2,000 Maturity Value (in Php) (2) (4) Interest Rate Interest Time (in Php) (1) (in % per annum) 10 6 months 10 months 4 years and 3 months (7) 12 years (3) 12 800 88,000 (5) (6) 114,180 (8) (10) 500,000 9.5% 600,000 1,210,000 (9) 10%

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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Exercise #10
Simple Interest
A. Find the unknown principal (P), interest rate (r), time (t), interest (I) and maturity value (F) by
completing the table below.
Principal
(in Php)
2,000
Maturity Value
(in Php)
(2)
(4)
Interest Rate
Interest
Time
(in Php)
(1)
(in % per annum)
10
6 months
10 months
4 years and 3
months
(7)
12 years
(3)
12
800
88,000
(5)
(6)
114,180
500,000
9.5%
(8)
600,000
(9)
10%
(10)
1,210,000
Transcribed Image Text:Exercise #10 Simple Interest A. Find the unknown principal (P), interest rate (r), time (t), interest (I) and maturity value (F) by completing the table below. Principal (in Php) 2,000 Maturity Value (in Php) (2) (4) Interest Rate Interest Time (in Php) (1) (in % per annum) 10 6 months 10 months 4 years and 3 months (7) 12 years (3) 12 800 88,000 (5) (6) 114,180 500,000 9.5% (8) 600,000 (9) 10% (10) 1,210,000
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