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What is the exact simple interest earned on P 35, 000 for the period from April 3, 2020 to October 14, 2020, if the interest rate is 18%?
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- What is the future amount of P10,000 if interest is computed using exact simple interest for the period from January 15 to November 28, 1994, if the rate of interest is 22%.Determine the exact and ordinary simple interest on 100,000.00 borrowed at 12% interest rate from July 2020 to April 2024. Answers: Io = 47,000.00 ; Ie = ₱ 45,994.52Determine the exact simple interest on ₱50,000 interested for the period from January 15,2020 to October 12,2020, if the rate of interest is 18%
- Using the four methods, find the interest on Php. 4,400 at 5 4/5 % simple interest from September 9, 2020, to April 19, 2021Assume that a deposit made on January 1, 2020, earns 6% interest. The deposit plus interest accumulated to $50,000 on January 1, 2026. How much was invested on January 1, 2020, if interest was compounded annually? N (period of time) I (Interest) PV (Present Value FV (Future Value) PMT (Annuity) Assume that a deposit made on January 1, 2020, earns 6% interest. The deposit plus interest accumulated to $50,000 on January 1, 2026. How much was invested on January 1, 2020, if interest was compounded semi-annually? N (period of time) | (Interest) PV (Present Value FV (Future Value) PMT (Annuity) Page 1 Assume that a deposit made on January 1, 2020, earns 6% interest. The deposit plus interest accumulated to $50,000 on January 1, 2026. How much was invested on January 1, 2020, if interest was |compounded quarterly? N (period of time) | (Interest) PV (Present Value FV (Future Value) PMT (Annuity) 2 In each of the three scenarios the PV should continue to decrease. Explain why this passes the…find the interest on 40,000 at 3.5% interest rate from October 11, 2020 to March 21, 2021 1. approximate time2. actual time3. ordinary interest using approximate time 4. exact interest using approximate time5. ordinary interest using actual time6. exact interest using actual time
- What amount should be paid on October 5, 2022, on a loan of P100,000 made on December 13, 2021 with 4.7% simple interest?Compute the amount of interest on $835 at 7.5% p.a. from October 8, 2019, to August 4, 2020.Compute the amount of interest on $8350 at 6.5% p.a. from October 8, 2019, to August 4, 2020. What rate of interest is paid if the interest on a loan of $12500 is $196.06 from November 14, 2019, to May 20, 2020? Loan payments of $1725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth 8.5% p.a. and the focal date is 115 days from now? What principal will earn $355.99 interest at 9.75% p.a. from February 4, 2017, to July 6, 2017? Determine the face value of a four-month promissory note dated May 20, 2018, with interest at 7.5% p.a. if the maturity value of the note is $1190.03. A Company sells locks for $10 each. Manufacturing cost is $2.60 per lock; marketing costs are $2.40 per lock; and royalty payments are 20% of the selling price. The fixed cost of preparing the lock is $18 000. Capacity is 15,000 locks. Compute the contribution…
- The 90-day non-interest bearing note amounting to ₱50,000 was issued on November 30, 2019. The prevailing interest rate is 12%. What is the accrued interest as of December 31, 2019 is?Which of the following is the most advantageous for a debtor if he borrowed P15, 000 at 6% from March 15, 2020 to December 20, 2020.? A Ordinary Interest at Actual Time (B) Exact Interest at Actual Time Ordinary Interest at Approximate Time D Exact Interest at Approximate TimeWhich of the following is the most advantageous for a debtor if he borrowed P15, 000 at 6% from March 15, 2020 to December 20, 2020.? А Exact Interest at Approximate Time В Exact Interest at Actual Time Ordinary Interest at Approximate Time Ordinary Interest at Actual Time
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