Question
For items 1 6, refer to the following data of Good Food Snack House. The options are as follows: A. PHP 200 B. PHP 818.85
For items 1 6, refer to the following data of Good Food Snack House. The options are as follows:
A. PHP 200
B. PHP 818.85
C. PHP 2,200
D. PHP 2,600
E. PHP 6,318.85
F. PHP 12,600
COMPLETE THE TABLE BELOW, CHOOSE THE CORRECT ANSWER FROM ABOVE. WRITE LETTERS ONLY.
PRINCIPAL | INTEREST | TIME | COMMULATIVE INTEREST | AMOUNT |
PHP 2,000 | 2 % Simple | 5 years | 1. ? | 4. ? |
PHP 5,500 | 3.5% Compounded Semi-Annually | 4 years | 2. ? | 5. ? |
PHP 10,000 | 4 % simple | 6 1/2 years | 3. ? | 6. ? |
19. How much would Mr. Alejo have at the end of five years if he invested Php 50,000 under at 10.5% simple interest rate?
A. PHP 76,250
B. PHP 82,375
C. PHP 142,650.71
D. PHP 278,451.86
20. If Mr. Alejo wants to have a million pesos in five years, how much should he invest right now at 10.5% interest rate?
A. PHP 350,506.50
B. PHP 783,526.17
C. PHP 606,999.81
D. PHP 879,367.97
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