For numbers 11- 15 use the problem below: Shirley is planning to invest ₱ 150,000.00. San Jose Rural Bank is offering 1.15% compounded semi – annually, while Taysan Cooperative Bank offers 1.25% compounded monthly.
11. How much will be the maturity value after 5 years if he borrows from San Jose Rural Bank?
a. ₱ 158,851.63
b. ₱ 207,660.68
c. ₱ 367,071.88
d. ₱ 376,716.66
12. How much will be the maturity value after 5 years if he borrows from Taysan

Cooperative Bank?

a. ₱ 159,668.97

b. ₱ 262,812.30

c. ₱ 376,431.54

d. ₱ 386,221.32

13. What will be the interest after 5 years if he borrows from San Jose Rural

Bank?

a. ₱ 26,716.66

b. ₱ 17,071.88

c. ₱ 12,339.32

d. ₱ 8,851.63

14. What will be the interest after 5 years if he borrows from Taysan Cooperative

Bank?

a. ₱ 36,221.32

b. ₱ 16,431.54

c. ₱ 9,668.97

d. ₱ 2,812.53

15. Which bank offers the smaller interest?

a. Both

b. None

c. San Jose Rural Bank

d.Taysan Rural Bank
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