B. Solve what is asked in the following problems. Show your solutions and label your answers on your answer sheet.

1) Rhemia invested P3 000 in a cooperative at an interest of 3.9% annually for 5 years. How much is her money after 5 years?

2) Joshua's sales commission rate is 6%. How much is his commission from the sales of P120 500 worth of duplicating machine?

3) How much sales tax is charged for an item that costs P250 if the sales tax rate is 6%? How much is the total price?

4) To start for a mobile fast food stand, Vangie loaned P30 000 from the bank with interest of P5 700 for 2 years. How much is the bank interest rate?

5) Joemar deposits P3 000 in a bank for 2 years, which gives him an interest of 8% per annum. How much interest will he get after one year, 2 years?

With solution if possible​