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1) A loan of P 5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?P 5,937.50

2) What annuity is required over 12 years to equate with a future amount of P20,000? Assume i = 6% annually. P 1,185.54

3) A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 236.20

4) Money is deposited for which the interest is compounded continuously. If the balance doubles in 6 years, what is the annual percentage rate?11.6%

5) How long will it take money to double itself if invested at 5% compounded annually? 14.2 years

6) What is the present worth of two P100 payments at the end of the third year and fourth year? The annual interest rate is 8%.P 152.88

7) What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 8.24%

8) 4.25%What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P 39.45

9) A man loans P187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 44,870.56

10) A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount P1,920 after the bank collected an advance interest of P80.00. What was the rate of discount? 4.00%