Enrichment Activity 1 Complete the table below by finding the unknown Principal P, Rate r, Time t and compound interest Ic. Compound Interest Principal P Maturity Value F Rate r Time t Ic 15,000 7% 12...


Enrichment Activity 1<br>Complete the table below by finding the unknown Principal P, Rate r, Time t<br>and compound interest Ic.<br>Compound Interest<br>Principal P<br>Maturity Value F<br>Rate r<br>Time t<br>Ic<br>15,000<br>7%<br>12<br>b.)<br>a.)<br>c.)<br>3%<br>d.)<br>60,000<br>8<br>Enrichment Activity 2<br>Solve the following problems.<br>a.) How much should Mr. and Mrs. Reyes deposit if they want to have Php<br>800,000 that will be used for their son's college education after graduating senior<br>high school at age 17 years old. If Mr. and Mrs. Reyes will deposit the said<br>amount in a bank that pays 1.2% interest compounded annually at the time when<br>their son's age is 5 years old?<br>b.) If Mrs. Cruz invested Php 120,000 in a time deposit that pays 0.7%<br>compounded interest in a year a.)How much interest will Mrs. Cruz gain and how<br>much will be her money after 15 years?<br>

Extracted text: Enrichment Activity 1 Complete the table below by finding the unknown Principal P, Rate r, Time t and compound interest Ic. Compound Interest Principal P Maturity Value F Rate r Time t Ic 15,000 7% 12 b.) a.) c.) 3% d.) 60,000 8 Enrichment Activity 2 Solve the following problems. a.) How much should Mr. and Mrs. Reyes deposit if they want to have Php 800,000 that will be used for their son's college education after graduating senior high school at age 17 years old. If Mr. and Mrs. Reyes will deposit the said amount in a bank that pays 1.2% interest compounded annually at the time when their son's age is 5 years old? b.) If Mrs. Cruz invested Php 120,000 in a time deposit that pays 0.7% compounded interest in a year a.)How much interest will Mrs. Cruz gain and how much will be her money after 15 years?

Jun 05, 2022
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