Questions

October 2022 1 5 Report
5. A bank offers 2% annual simple interest for a particular deposit. How much interest will be earned? if 1 million is deposited in this savings amount for 2 years? What is the principal (P)?

A 2%
B. 2 years
C. 1 million
D. Unknown​

Answers & Comments

Add an Answer

Please enter comments
Please enter your name.
Please enter the correct email address.
You must agree before submitting.
More Questions From This User See All
18. How much is the withholding tax to every savings account charged here in the...
Answer
Which of the following shows a simple interest? A. The interest remains constant...
Answer
PAHAYAG1.Bawal mag tapon ng basura dito.2.huwag ninyu akong susubukin3. Walang u...
Answer
11. What is rin the formula F = P(1+r)' for compound interest? A. Future Value B...
Answer
What formula is used in finding the present value of a compound interest environ...
Answer
14. Find the maturity value if P10,000 is deposited in a bank at 2% compounded q...
Answer
Which of the following is not a factor to be consider in finding the annual simp...
Answer
If an entrepreneur applies for a loan amounting P100,000 in a bank, the simple i...
Answer
11. What is R in the formula F = P(1+r)' for compound interest? A. Future Value ...
Answer

Recommend Questions

x+3,solve for the value of x?...
Wordle is a grid of five squares across and six squares down. Each horizontal ro...
Wordle is a grid of five squares across and six squares down. Each horizontal ro...
ano po mangyayari nag bigyan po ako ng pre points
DIRECTION: Complete the missing term in column A from column BA. B.6. 7, 9, 12, ...
patulong po dito sa mathe0c6efff33c9463bb1e957285558f726 25734
1. From the information given in the figure, how is AC related to BD? A 15 2. Fi...
can someone pls explain how to solve this
Wordle is a grid of five squares across and six squares down. Each horizontal ro...
1 lbgc amp lcgd what kind of angel is it

Helpful Links

Helpful Social

Copyright © 2024 EHUB.TIPS team's - All rights reserved.