principal (p) 850 000
Rate r 10.5%
time (t) 5
simple interest
(A)_____
Future values
(B)______
pa tulong po pliss ipapasa kona po e
Rate r 10.5%
time (t) 5
simple interest
(A)_____
Future values
(B)______
pa tulong po pliss ipapasa kona po e
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Answer:
(A) 446,250
(B) 1,296,250
(C) 22,500,000
Step-by-step explanation:
(a) Is=prt
Is=(850,000)(10.5%)(5)
Is=(89,250)(5)
Is=446,250
(b) FV=P+Is
FV=850,000+446,250
FV=1,296,250
(c) P=Is/rt
P=7,500/(0.5%)(15)
=100,000
(d) FV=P+Is
=100,000+7,500
=107,500
(e) R=Is/pt
=90,187.50/(130,000)(9.25)
=0.075 or 7.5%
(f) t=Is/pr
=207,900/(220,000)(9%)
=10.5 or 10 years and (.5×12=) 6 months