4. Kathryn deposits P22,000.00 in her savings account. If the bank pays 1.5% interest
per year, how much will she receive at the end of the year?
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per year, how much will she receive at the end of the year?
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Answer:
33,000 PESOS
Step-by-step explanation:
ASKED = HOW MUCH WILL SHE RECEIVE AT THE
END OF THE YEAR??
GIVEN = 22,000 PESOS AND 1.5%
SOLUTION = 22,000 PESOS × 1.5% = N
ANSWER = 33,000 PESOS