WORKSHEET # 2 Direction/s: Answer the following problems. Show your complete solutions.\ 1. Find the compound amount Php9,500 is invested for 7 years and 5 months at 6% compounded semi-annually. 2....

Extracted text: WORKSHEET # 2 Direction/s: Answer the following problems. Show your complete solutions.\ 1. Find the compound amount Php9,500 is invested for 7 years and 5 months at 6% compounded semi-annually. 2. Zeus invested Php45,000 in the stock market which guaranteed an interest of Php9,200 after one and a half years. What is the rate of his investment? 3. If you borrowed Php50,000 from a bank charging 11% simple interest, how would you pay at the end of 18 months? 4. Sara invested an amount at 8% interest compounded quarterly. After 5 years, her investment became Php80,000. How much interest did she eamed in her investment? 5. Brad invested Php 75,000 in a bank and earned Php17,800 at 7% interest compounded quarterly. How long did he invested his money?