Determine the exact simple interest on P5,000 for the period from Jan.15 to Nov.28, 1992, if the rate of interest is 22%.


Determine the exact simple interest on<br>P5,000 for the period from Jan.15 to<br>Nov.28, 1992, if the rate of interest is<br>22%.<br>

Extracted text: Determine the exact simple interest on P5,000 for the period from Jan.15 to Nov.28, 1992, if the rate of interest is 22%.
A man wishes his son to receive P200,<br>000 ten years from now. What amount<br>should he invest if it will earn interest of<br>10% compounded annually during the<br>first 5 years and 12% compounded<br>quarterly during the next 5 years?<br>

Extracted text: A man wishes his son to receive P200, 000 ten years from now. What amount should he invest if it will earn interest of 10% compounded annually during the first 5 years and 12% compounded quarterly during the next 5 years?

Jun 06, 2022
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