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19. How long will it take Php 1,000 to earn Php 300 25. The buyer of the house and lots pays Php if the interest
19. How long will it take Php 1,000 to earn Php 300 25. The buyer of the house and lots pays Php if the interest is 12% compounded semi- 200,000 cash and Php 10,000 every month for annually? 20 years. If money is 9% compounded monthly, how much is the cash value of the lot? a. 2.5 years c. 5 years b. 5- and 6-months years d. 2 years a. Php 1,311,449.54 b. Php 311, 449.54 20. CJ borrows Php 50,000 and promises to pay c. Php 1, 449, 311.45 the principal and interest at 12% compounded d. Php 1,031, 449.45 monthly. How much must repay after 6 years? a. Php 105, 978.54 b. Php 104, 785.34 c. Php 103, 359.47 d. Php 102, 354.97 21. What is the total amount that must be repaid on a loan of Php 28 000.00 at 8% compounded semi-annually for 3 years? a. Php 35,428.93 b. Php 35,284.93 c. Php 34,720.76 d. Php 34,270.67
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