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Please include the solution. 1. Maya deposited P18,000 in the bank at 4% interest. How much will she earn in 3 years? 2. Teresa borrowed
Please include the solution.
1. Maya deposited P18,000 in the bank at 4% interest. How much will she earn in 3 years? 2. Teresa borrowed P120000.00 from her uncle. If Teresa agreed to pay an 8% annual interest rate, calculate the amount of interest she must pay if the loan period is (a) 1 year (b) 18 months 3. How much will a P24,000-investment be after 8 years and 7 months if the rate of return is 15% per yearStep by Step Solution
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