General Mathematics Simple Interest

Find the Value of Interest when the final amount is P8,000 and the principal amount is P6,800

What will be the maturity value if the principal is P232,000 and the interest is P48,000?

Convert 0.35 in percentage form

Convert 

 $12\frac{1}{5}\%$ in  decimal form

It is a fractional part of the principal that is paid on the loan or investment.

An individual or institution that borrows money for any purpose

Find the maturity value if P=P20,000 , r=5% and t=3 years.

It is an individual or institution which loans the money

The payment for the use of borrowed money or the amount earned on invested money

Compute for the interest if  $P=P12,000$  ,  $t=3\ years\ and\ 4\ months$  and

 $r=8\frac{3}{8}\%$