1.A total of Php50,000 is invested at a simple interest rate of 6% for 4 months. How much interest is earned on this investment 2.You are paying Php3,500/month on your motorcycle loan for 3 years with...


1.A total of Php50,000 is invested<br>at a simple interest rate of 6% for<br>4 months. How much interest is<br>earned on this investment<br>2.You are paying Php3,500/month<br>on your motorcycle loan for 3<br>years with an interest rate of 10%<br>compounded monthly. What was<br>the initial price of the motorcycle?<br>3.A total of Php25,000 is invested<br>at a simple monthly interest rate of<br>1% for 6 months. How much<br>interest is earned on this<br>investment?<br>

Extracted text: 1.A total of Php50,000 is invested at a simple interest rate of 6% for 4 months. How much interest is earned on this investment 2.You are paying Php3,500/month on your motorcycle loan for 3 years with an interest rate of 10% compounded monthly. What was the initial price of the motorcycle? 3.A total of Php25,000 is invested at a simple monthly interest rate of 1% for 6 months. How much interest is earned on this investment?

Jun 10, 2022
SOLUTION.PDF
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
Have files?