Final Exam
Authored by Charisa Provido
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10 questions
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1.
FILL IN THE BLANK QUESTION
5 mins • 10 pts
1. Maria invested P20,000.00 in government securities that yields 5% compound interest annually for 5 years.
How much will be the total interest for Maria's investment?
2.
FILL IN THE BLANK QUESTION
5 mins • 10 pts
2. Maria invested P20,000.00 in government securities that yields 5% compound interest annually for 5 years.
2. Maria invested P20,000.00 in government securities that yields 5% compound interest annually for 5 years.
How much will be the total amount of Maria's investment after 5 years?
3.
FILL IN THE BLANK QUESTION
3 mins • 10 pts
3. Mr. Chua invested P450,000.00 in government securities that yields 4% simple interest annually for 3 years.
How much will be the annual interest for Mr. Chua's investment?
4.
FILL IN THE BLANK QUESTION
3 mins • 10 pts
4. Mr. Chua invested P450,000.00 in government securities that yields 4% simple interest annually for 3 years.
4. Mr. Chua invested P450,000.00 in government securities that yields 4% simple interest annually for 3 years.
How much will be the total interest for Mr. Chua's investment?
5.
FILL IN THE BLANK QUESTION
3 mins • 10 pts
5. Mr. Chua invested P450,000.00 in government securities that yields 4% simple interest annually for 3 years.
How much will be the total amount of Mr. Chua's investment after 3 years?
6.
FILL IN THE BLANK QUESTION
3 mins • 10 pts
6. You apply for a car loan for P950,000.00 payable for 5 years with a simple interest rate of 12% per year.
a. How much will be the annual interest for your car loan?
7.
FILL IN THE BLANK QUESTION
3 mins • 10 pts
7. You apply for a car loan for P950,000.00 payable for 5 years with a simple interest rate of 12% per year.
How much will be the total interest for your car loan?
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