Question
1.) Lunas savings account had the following balances. Date 04/01/2019 04/17/2019 05/28/2019 06/22/2019 Balance 726,000 782,000 800,000 535,000 How much is Luna's ADB for the
1.) Lunas savings account had the following balances.
| Date | 04/01/2019 | 04/17/2019 | 05/28/2019 | 06/22/2019 |
| Balance | 726,000 | 782,000 | 800,000 | 535,000 |
How much is Luna's ADB for the 2nd quarter of 2019?
A.) P752,670.33
B.) P760,648.35
C.) P752,380.43
D.) P761,033.33
2.) Lunas savings account had the following balances.
| Date | 04/01/2019 | 04/17/2019 | 05/28/2019 | 06/22/2019 |
| Balance | 726,000 | 782,000 | 800,000 | 535,000 |
If the interest rate is 0.25% p.a., how much net interest did Luna earn for the 2nd quarter of 2019? Use 365 for t.
A.) P422.22
B.) P93.83
C.) P375.30
D.) P469.13
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Authors: James Jecool King
1st Edition
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