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In Math / Junior High School | 2024-09-05

1. How much interest is earned on P6,200 at 4% for one year?2. What was the interest rate if your balance on an investment of P27,750 at the end of sixyears is P41,070?3. At what rate was an investment made that obtains P2,520 on P10,500 over four years?4. If a loan is taken out for P15,900 at 9% and costs P8,586, how long was the loan for?5. A bank is offering 3.5% simple interest on a savings account. If you deposit P10,555,how much interest will you earn in two years?6. If you borrow P75,000 for two and half years at an interest rate of 9.5%, what is thematurity value of the loan?​

Asked by ninoverbo3

Answer (1)

Answer:248Step-by-step explanation:1.How much interest is earned on P6,200 at 4% for one year?Solution:100 x. 46200 x. 04=248.00 Sana makatulong

Answered by atiwagbernalyn | 2024-09-10