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1. What is the maturity value if P 20 000 is invested for 3 years at 12% simple interest? Answer: F 2. Find the interest

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1. What is the maturity value if P 20 000 is invested for 3 years at 12% simple interest? Answer: F 2. Find the interest and final amount on P 50 000 at 9 12% for 90 days. Answer: F = 3. How long will it take for P 8 000 to have a maturity value of P15 000, if the interest rate is 12% simple interest? Answer: 1 = 4. Mr. Dalisay wishes to have P 1 000 000 in his fund at the end of 15 years. If he invested P 300 000 at the start of the term, what interest rate is applied? Answer: r= 5. How much should be invested today in a fund that pays 13 1%% in order to have P 158 000 in 3 12 years? Answer: P =

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