Enrichment Activity 2 Solve the following problems. a.) Find the interest and maturity value of a loan for Php 120,00 at 4.5% simple interest for 2 years. b.) How much will be the money of Mr. Kho if...


Enrichment Activity 2<br>Solve the following problems.<br>a.) Find the interest and maturity value of a loan for Php 120,00 at 4.5%<br>simple interest for 2 years.<br>b.) How much will be the money of Mr. Kho if he will deposit Php 600,000 in<br>the Bank for 8 years that pays 0,3% simple interest.<br>c.) What is the interest rate per annum of a Php 30,000 for 3 years that<br>accumulate to Php 48,000?<br>d.) If Mrs. Ong wants to have Php 500,000 in 5 years with simple interest of<br>3.5%. How much should Mrs. Ong invest?<br>

Extracted text: Enrichment Activity 2 Solve the following problems. a.) Find the interest and maturity value of a loan for Php 120,00 at 4.5% simple interest for 2 years. b.) How much will be the money of Mr. Kho if he will deposit Php 600,000 in the Bank for 8 years that pays 0,3% simple interest. c.) What is the interest rate per annum of a Php 30,000 for 3 years that accumulate to Php 48,000? d.) If Mrs. Ong wants to have Php 500,000 in 5 years with simple interest of 3.5%. How much should Mrs. Ong invest?

Jun 05, 2022
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