Jenny invested money from Lucena Rural Bank at 1.05% simple interest for 3 years. It was charged ₱472.50 for interest


1. how much did jenny invest?
a. ₱1,500.00
b. ₱15,000.00
c. ₱150,000.00
d. ₱600,000.00

2. How much is her accumulated money after 3 years?
a. ₱1,947.50.00
b. ₱15,472.50.00
c. ₱150,472.50.00
d. ₱600,472.50.00

3. If jenny invested the same amount of money of Lucena Cooperative Bank who is offering an interest rate of 1.5% for 3 years how much interest will she gain?
a. ₱325.00
b. ₱475.00
c. ₱675.00
d. ₱825.00

4. How much will she accumulate in 3 years if she invested in Lucena Cooperative Bank?
a. ₱15,325.00
b. ₱15,425.00
c. ₱15,625.00
d. ₱15,675.00
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