Simple Interest You received an amount of Php10000 and you plan to invest it for 5 years. A bank offers 2% simple interest rate per year. Simple Interest Amount after t years (Maturity Value) Time(t) Principat Solution Answer 10000 10000*0.02*1 200 10000 + 200 = 10200 2. 10000 10000*0.02 2 400 10000 + 400 = 10400 3 10000 10000 0.02 3 600 10000 + 600 =10600 4 10000 10000*0.02 4 800 10000 + 800 =10800 10000 10000 0.02 5 10000 + 1000= 11000 1000 Answer these: Just follow the flow of solution from example above. Just change the red font value. Use table for your answer. You received an amount of Php8000 and you plan to invest it for 3 years. A bank offers 3% simple interest rate per year.
Simple Interest You received an amount of Php10000 and you plan to invest it for 5 years. A bank offers 2% simple interest rate per year. Simple Interest Amount after t years (Maturity Value) Time(t) Principat Solution Answer 10000 10000*0.02*1 200 10000 + 200 = 10200 2. 10000 10000*0.02 2 400 10000 + 400 = 10400 3 10000 10000 0.02 3 600 10000 + 600 =10600 4 10000 10000*0.02 4 800 10000 + 800 =10800 10000 10000 0.02 5 10000 + 1000= 11000 1000 Answer these: Just follow the flow of solution from example above. Just change the red font value. Use table for your answer. You received an amount of Php8000 and you plan to invest it for 3 years. A bank offers 3% simple interest rate per year.
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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