Simple Interest

Luke invested his money in the stock market worth ₱500,000 that earns about 5% yearly. How much will be the interest after 10 years?

• ₱20,000

• ₱250,000

• ₱25,000

• ₱200,000

Sarah invested ₱150,000 in a savings account with an annual interest rate of 3%. How much will she have after 4 years?

• ₱162,000

• ₱180,000

• ₱156,000

• ₱165,000

David took a loan of ₱50,000 at an interest rate of 12% per annum. If he pays it back after 3 years, what will be the total amount he needs to repay?

• ₱56,000

• ₱60,000

• ₱66,000

• ₱64,000

Emma placed ₱200,000 in a fixed deposit account that offers 4% interest per year. How much interest will she earn after 5 years?

• ₱40,000

• ₱10,000

• ₱8,000

• ₱20,000

Olivia invested ₱300,000 in a mutual fund with an annual return of 6%. How much will she have after 3 years?

• ₱339,000

• ₱378,000

• ₱360,000

• ₱400,000

James took a loan of ₱80,000 at an interest rate of 9% per annum. If he pays it back after 4 years, what will be the total amount he needs to repay?

• ₱95,000

• ₱100,000

• ₱110,000

• ₱105,000

Chloe deposited ₱250,000 in a savings account that offers 5% interest per year. How much interest will she earn after 6 years?

• ₱75,000

• ₱15,000

• ₱30,000

• ₱60,000

Isabella invested ₱400,000 in a fixed deposit account with an interest rate of 4.5% per annum. How much interest will she earn after 5 years?

• ₱90,000

• ₱22,500

• ₱45,000

• ₱18,000

Oliver placed ₱350,000 in a savings account that offers 3.5% interest per year. How much interest will he earn after 4 years?

• ₱49,000

• ₱14,000

• ₱12,250

• ₱28,000

Ava borrowed ₱30,000 at an interest rate of 8% per annum. If she pays it back after 3 years, what will be the total amount she needs to repay?

• ₱34,800

• ₱36,000

• ₱38,400

• ₱32,400