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Quiz 2B

Authored by ANNE CARLOS

Business

1st Grade

Used 8+ times

Quiz 2B
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10 questions

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1.

FILL IN THE BLANK QUESTION

5 mins • 2 pts

Samantha wants to start-up a milktea shop near St. Augustine Church at Baliwag, Bulacan. She decided to take a loan at ABC Bank for additional capital amounting to Php. 450,000 with 6% interest within 3 and half years.

A. How much would be Samantha's Monthly Payment to ABC Bank?

2.

FILL IN THE BLANK QUESTION

5 mins • 2 pts

Samantha wants to start-up a milktea shop near St. Augustine Church at Baliwag, Bulacan. She decided to take a loan for additional capital amounting to Php. 450,000 with 6 % interest rate within 3 and half years.

B. How much would be Samantha's Total Loan Payment to ABC Banks for 3 and half years?

3.

FILL IN THE BLANK QUESTION

5 mins • 2 pts

Samantha wants to start-up a milktea shop near St. Augustine Church at Baliwag, Bulacan. She decided to take a loan at ABC Bank for additional capital amounting to Php. 450,000 with 6% interest within 3 and half years.

C. Compute for the total interest

4.

FILL IN THE BLANK QUESTION

5 mins • 2 pts

Samantha wants to start-up a milktea shop near St. Augustine Church at Baliwag, Bulacan. She decided to take a loan at ABC Bank for additional capital amounting to Php. 450,000 with 6% interest within 3 and half years.

D. How much is the interest per month on the Monthly Payment made by Samantha

5.

FILL IN THE BLANK QUESTION

5 mins • 2 pts

If you paid 625,811.75 pesos to your loan, how much is the total interest if your initial loan amount is 520,000

6.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

If your monthly payment for your loan is 13,253.42 to paid with in 5 years. How much would be your total loan payment?

7.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

If your total loan payment for 4 years is 924,480. How much is the Monthly Payment?

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