1. Carmi invested ₱28,000.00 for 2 years. How much interest will she earn if she
was given 4% interest rate?
2. Myla borrows money amounting ₱3,750.00 with 5% interest per year. How much
will she pay after 5 years?
3. Mr. Fernan apply a loan on the bank amounting ₱50,000.00 with 3.5% interest
per annum. How much will he pay after 3 years?
4. Mang Domeng earned ₱4,800.00 on his investment amounting ₱80,000.00 in just
a year. Find the rate of interest.
5. Samuel borrowed ₱100,000.00 on a bank and paid ₱7,000.00 interest after 2
years. Find the rate of interest.