Q:
A group of I-CCSAD students invested
P40,000 in a bond that earns \( 7 \% \) simple
interest per year. How long will it take their
investment to grow to \( \mathrm{P} 51,200 \) ?
Q:
A UMak student borrowed \( P 10,000 \) from a friend at
a simple interest rate of \( 5 \% \) per year. If the student
pays back the loan after 18 months, how much
interest will they owe?
Q:
A group of II-BSTM students at the University of
Makati is planning to conduct a research study. The
need P50,000 to fund their project. They decide to
take out a loan with a \( 10 \% \) discount rate for 1 year.
How much money will they receive from the loan?
Q:
A group of Psychology students at the University of
Makati want to start a research project. They need
P100,000 to fund their project. How much should
they invest now in an account that earns \( 5 \% \) interest
compounded annually to have the required amount in
3 years?
Q:
\( \$ 6000 \) are invested in a bank account at an interest rate of 10 percent per year.
Find the amount in the bank after 12 years if interest is compounded annually.
Find the amount in the bank after 12 years if interest is compounded quarterly.
Find the amount in the bank after 12 years if interest is compounded monthly.
Finally, find the amount in the bank after 12 years if interest is compounded continuously.
.
Q:
4. Mr. Vanshika is the owner of two houses in Re
which she uses for her residential purp
Compute her taxable income from house prof
for theA. Y. 2022-23 from the following infor
tion:
Fair Rental value of the first house Rs. 2,20,
Fair Rental value of the second house Rs. 1,22,
Municipal taxes paid @ 10\% for both the hou
Interest paid during the previous year for I
taken on \( 1.04,2020 \) for purchase of the first he
Rs. 2,28,000.
Q:
(a) In how many years will a sum be double of
itself at \( 10 \% \) p.a. simple interest?
Q:
एक कंपनी में एक मशीन के मूल्य में हर साल \( 10 \% \) मूल्य ह्रास हो जाता है
यदि वर्तमान मूल्य ₹ 2 लाख है, तो 2 साल बाद मशीन का मूल्य (₹ में
ज्ञात कीजिए।
\( \begin{array}{ll}\text { (A) } 162000 & \text { (B) } 164000 \\ \text { (c) } 160000 & \text { (D) } 180000\end{array} \)
Q:
\( \$ 3000 \) are invested in a bank account at an interest rate of 8 percent per year.
Find the amount in the bank after 15 years if interest is compounded annually.
9518.40
Find the amount in the bank after 15 years if interest is compounded quarterly.
Find the amount in the bank after 15 years if interest is compounded monthly.
Finally, find the amount in the bank after 15 years if interest is compounded continuously.
9960.30
Q:
5. Gayla and Corey are both 35 years old but have been investing
different amounts of money for different lengths of time.
- Gayla saved \( \$ 15 \) each month for 12 years at an average annual interest rate
of \( 3.6 \% \), compounded monthly, until she was 25 . Then she reinvested
the entire amount at \( 3.8 \% \), compounded monthly, for 10 years.
- Corey has been depositing \( \$ 18 \) each month, for the past 10 years,
into a savings account that earns an average annual interest rate of
\( 3.8 \% \), compounded monthly.
a) How much did each woman invest altogether?
b) Predict who has the greater savings. Explain your prediction, and
then verify it.
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