Math, asked by mylynalbios, 3 months ago

10. What is the interest rate per conversion period if
P29,500.00 was invested at 2.5% compounded semi-
annually for 5 years and 4 months?
A. 0.0025
B. 0.0125
C. 0.025
D. 2.5
11. Eduardo invested P15,600.00 at 10.25% interest rate.
How long will take for his investment to earn an
interest of P5,055.00?
A.0.32 years
B. 3.16 years
C. 6.29 years
D. 30.11 years
12. Find the simple interest on a loan of P65,000.00 if
the loan is given at a rate of 8% and is due in 6
years and 3 months?
A. P3,250.00
B. P31,200.00
C. P32,500.00
D. P46,800.00
13. Randy made a loan of P20,450.00 from a bank that
charges 3% simple interest. How much must he pay
the bank after 2 years?
A. P1,227.00
B. P21,677.00
C. P32,720.00
D. P42,127.00​

Answers

Answered by dubeysudhanshu474
2

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