Question
1. A man has a loan of 50,000 in a bank that gives 12% simple interest. How much is the interest if he plans to
1. A man has a loan of 50,000 in a bank that gives 12% simple interest. How much is the interest if he plans to pay after 5 years?
2. A man can save 10,000 per month for 2years, If the bank offers 5% compounded monthly, what is n?
3. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded quarterly? If he plans to pay after 6months, how much is the interest?
4. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded quarterly. How much will he pay quarterly for 5 years if he start paying on the day of his loan?
5. A man has a loan of 50,000 in a bank that gives 12% simple interest. If he plans to pay after 6months, what is t?
6. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded quarterly? If he plans to pay after 6months, what is n?
7. A man has a loan of 50,000 in a bank that gives 12% simple interest. If he plans to pay after 6months, what is r (in decimal form)?
8. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded semiannually? If he plans to pay after 6months, what is n?
9. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded semiannually? If he plans to pay after 6months, how much is the interest
10. A man can save 10,000 per month for 2years, If the bank offers 3% compounded monthly, what is r in decimal form?
11. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded monthly. if he can only pay 1500 every month, how many payments will he make?
12. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded monthly? If he plans to pay after 6months, what is n?
13. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded semiannually? If he plans to pay after 6months, what is t (in fraction form NOT in simplest form)?
14. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded quarterly. How much will he pay every 3 months for 5years?
15. A man can save 10,000 per month for 2years, how much will his money be if the bank offers 5% compounded monthly?
16. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded annually. How much will he pay yearly for 5years?
17. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded quarterly? If he plans to pay after 6months, how much is the interest?
18. A man has a loan of 50,000 in a bank that gives 12% simple interest. If he plans to pay after 6months, how much will he pay?
19. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded quarterly. He plans to pay every 3months for 5 years. what is r in decimal form?
20. A man has a loan of 50,000 in a bank that gives an interest rate of 12% compounded quarterly. He plans to pay every 3months for 5 years. what is n?
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