Question 16 of 30 A7-year time deposit of Php80,000 yielded a total interest of Php45,000. At what rate compounded quarterly did the deposit earn? Select the correct response: 10.03% 5.83% 6.43% 8.30% The interest on $12,167 invested for 5 years at 2.5% simple interest would be nearest to: Select the correct response $1,521 $1,220.87 $152.10 $1,520.88 Tommy deposited Php 45,000 on September 6, 2012 in an account that pays 7% interest compounded semiannually. 7. How much will be in the account at the end of 3 years? Select the correct response Php43,023.94 Php55,316.49 Php 49,892.30 Php59,870.77 Question 22 of 30 What nominal rate, compounded quarterly, will yield an effective rate of 9.5%? Select the correct response 9.84% 9.18% 9.32% 9.96% George invested P25,000 at 9% compounded quarterly. After 2 y, years, the rate changed to 9.6% compounded semiannually. What is the periodic interest rate (0) when the nominal rate is 9.6%? Select the correct response 2.1% 4.2% 2.4% 4.8% Ralph invested an amount of Php 13,900 divided into different schemes, A and B, at the simple interest rate of 14% and 11% respectively if the total amount of simple interest earned in 2 years is Php 3,508, what was the amount invested in Scheme B? Select the correct response Php 6,500 Php 7,200 Php 7,500 Php 6,400 The actual time is the number of days until the repayment date included the origin date, Select the correct response True False