Simple and Cpmpound Interests

 $In\ the\ formula,\ I_s\ =\ \Pr t,\ what\ is\ r?$  

• revenue

• real value

• repaid

• rate of interest

It is the amount of money borrowed or invested on the origin date.

• future value

• principal value

• maturity value

• repayment value

It is an interest computed based on the principal amount.

• simple

• compound

• future value

• rate

It is an amount after t years that the lender receives from the borrower on the maturity date.

• loan date

• maturity date

• maturity value

• term

It refers to the amount after 𝑡 years that the lender receives from the borrower on the maturity date?

• present value

• future value

• interest

• ordinary annuity

If t = 0.5 months, this is equivalent to how many months?

• 5 months

• 6months

• 9 months

• 10 months

Which of the following is the formula to find the simple interest?

• 𝐼𝑠 = 𝑃𝑟𝑡

• 𝐼𝑠 = 𝑃(1 + 𝑟)𝑡

• 𝐼𝑠 = 𝐹 − 𝑃

• 𝐼𝑠 = 𝐹 (1+𝑟)𝑡

If the investment amounting to ₱35,000 earned an interest of ₱2,500 how much will be the maturity value?

• ₱32,500

• ₱37,500

• ₱30,000

• ₱40,000

Given that P = ₱5,250, r = 1.25% and t = 5 years, find the simple interest.

• ₱32,812.50

• ₱3,281.25

• ₱328.125

• ₱32.82

What is the frequency of conversion if the annual rate is compounded quarterly?

• 2

• 3

• 4

• 12