VHAT'S MORE Read each problem carefully and answer each question to solve the problem. Show all your solutions.
Activity 1.1
A business loan of P200,000 is to be repaid in full after 2 years. What is the amount to be paid if the effective rate of interest is 10%?
hint: F = P(1 + 1))
Johna purchased a condominium worth P3,500,000.00. However, the bank demands a 10% down payment. How much is the
nortgaged amount?
L. A motorcycle seller requires Justo P5,000 down payment. How much would be the mortgaged amount if the motorcycle is sellable at
120,000.00
Activity 1.2
Solenn decided to venture in an online business and decided to go to a financing institution to borrow P50,000.00. If her monthly
jayment is P1,500.00 on a 5-year mortgage, how much is the total amount of interest?
Activity 1.3
'C Yaw Inc. approached Rudy and offered to lend him a capital for his computer business amounting to P300,000.00 to be paid in 3
ears with 12% monthly interest. How much would be is his monthly payment?
pa answers po plsss
Activity 1.1
A business loan of P200,000 is to be repaid in full after 2 years. What is the amount to be paid if the effective rate of interest is 10%?
hint: F = P(1 + 1))
Johna purchased a condominium worth P3,500,000.00. However, the bank demands a 10% down payment. How much is the
nortgaged amount?
L. A motorcycle seller requires Justo P5,000 down payment. How much would be the mortgaged amount if the motorcycle is sellable at
120,000.00
Activity 1.2
Solenn decided to venture in an online business and decided to go to a financing institution to borrow P50,000.00. If her monthly
jayment is P1,500.00 on a 5-year mortgage, how much is the total amount of interest?
Activity 1.3
'C Yaw Inc. approached Rudy and offered to lend him a capital for his computer business amounting to P300,000.00 to be paid in 3
ears with 12% monthly interest. How much would be is his monthly payment?
pa answers po plsss
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