Final Exam

1. Maria invested P20,000.00 in government securities that yields 5% compound interest annually for 5 years.

How much will be the total interest for Maria's investment?

2. 2. Maria invested P20,000.00 in government securities that yields 5% compound interest annually for 5 years.

How much will be the total amount of Maria's investment after 5 years?

3. Mr. Chua invested P450,000.00 in government securities that yields 4% simple interest annually for 3 years. 

How much will be the annual interest for Mr. Chua's investment?

4. 4. Mr. Chua invested P450,000.00 in government securities that yields 4% simple interest annually for 3 years.

How much will be the total interest for Mr. Chua's investment?

5. Mr. Chua invested P450,000.00 in government securities that yields 4% simple interest annually for 3 years. 

How much will be the total amount of Mr. Chua's investment after 3 years?

6. You apply for a car loan for P950,000.00 payable for 5 years with a simple interest rate of 12% per year.

a. How much will be the annual interest for your car loan?

7. You apply for a car loan for P950,000.00 payable for 5 years with a simple interest rate of 12% per year.

How much will be the total interest for your car loan?

8. You apply for a car loan for P950,000.00 payable for 5 years with a simple interest rate of 12% per year.

How much will be the total amount of your car loan after 5 years with 12% interest annually?

9. Juan borrowed P 50,000.00 from his friend for 6 months with 3% monthly compound interest as additional capital for his business.

How much will be the total interest for Juan's borrowing? 

2. Juan borrowed P 50,000.00 from his friend for 6 months with 3% monthly compound interest as additional capital for his business.

How much will be the total amount of Juan's borrowing after 6 months?