1. John invested Php1000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will John earn in 15 years? 2. Judy borrowed Php500 at an annual interest rate of...

1. John invested Php1000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will John earn in 15 years?

2. Judy borrowed Php500 at an annual interest rate of 8%. At the end of the loan period she had to pay back Php530. How long was the loan for?

Jun 08, 2022