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WorksheetsWEEK 12 INTEREST
Total questions: 15
Worksheet time: 53mins
A person who invest the money or makes the fund available.
(a)
A person who owes then money or avails of the fund from the lender.
(a)
Date on which the borrower receives money.
(a)
The amount of money borrowed or invested in the original date.
(a)
The amount of time in years the money is borrowed or invested.
(a)
The date on which the money borrowed or load is to be repaid entirely
Maturity date
Loan date
Origin date
An annual rate , usually in percent, charge by the lender or rate of increase of the investment.
(a)
The amount paid or earned for the use of money.
(a)
Amount after n year that the lender receives the borrower on the maturity.
Maturity value
Loan value
Term value
What is the formula for simple interest?
I = P + A
I = PTA
I = PRT
Principal = 5000php
Rate = 5%
Time = 1 year
Find the interest.
(a)
Principal = 5000php
Rate = 5%
Time = 1 year
Find the maturity value.
(a)
Principal = 15,000PHP
Rate : 3%
Time : 18months
Find the interest.
(a)
Principal = 15,000PHP
Rate : 3%
Time : 18months
Find the maturity value.
(a)
2.5 years is equivalent to hiw many months?
20 months
25 months
30 months
35 months
