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Solve each problem. 1. How much interest is earned by an investment worth Php 100 000 in 5 years, if it earns a simple interest
Solve each problem. 1. How much interest is earned by an investment worth Php 100 000 in 5 years, if it earns a simple interest and the annual interest rate is 6%? 2. You decided to invest your hard-earned savings worth Php250 000. The company to which you invested promises a 5% simple interest. How much interest will you receive after 2 years? What is the future value of your investment? 3. "A Php500 000 peso is loaned. The annual interest rate is 4%. How much is the interest after 5 years if the interest is compounded quarterly? How much is the interest incurred?4. Babylet Viloria has a basic annual salary of $750, 000. She generally pays a 25% Withholding tax on her salary. She pays the regular 3.63% for SSS, P437.50 for PhilHealth, and 2% for Pag-lbig. Prepare a pie chart to show the composition of her gross earnings. ACTIVITY 3. WORD PROBLEM. Solve for the requirement in each problem. 1. Myma is paid based on the number of pages she types. She is paid P8.00 per page plus free meals. For the week, she typed 395 pages. The week being the last week of the month, deductions are made from an employee's gross earnings equivalent to 3.63% of monthly earnings for SSS, P105 for Medicare, and 10% of monthly earnings for Withholding tax. Myra had an advance which she is paying at the rate of P50.00 per week. Myra's earnings for the current month including the current week is P18 000.00. Compute for Myrna's take-home pay
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