Answer:

1. If the bank offer 5% interest rate compounded annual, how much will be in his bank account in 2028?

Answer:

• After 2028 hes bank account would be ₱102,600 left

Asked:

• how much will be in his bank account in 2028?

Operation:

• Subtracting and multiplying

Given:

• 12,000, 5%, 5years

Solution:

12,000-5%=11,400

2028-2019=9

11,400x9=102,600

2. Suppose he will withdraw the principal in 2028 and will leave the interest in his account, how much will the interest earn after 5 years?

Answer:

• ₱30,000 will be the interest

Asked:

• how much will the interest earn after 5 years?

Operation:

• Multiply, Subtracting

Given:

• 12,000, 5%, 5years

Solution:

600x5=30,000

Answer:

1. ɪғ 2028 ʜᴇ's ʙᴀɴᴋ ᴀᴄᴄᴏᴜɴᴛ ᴡᴏᴜʟᴅ ʙᴇ ₱102,600 ʟᴇғᴛ.

2. 30,000 ᴡɪʟʟ ʙᴇ ᴛʜᴇ ɪɴᴛᴇʀᴇsᴛ

Step-by-step explanation:

ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘ ʏᴏᴜ