Question: 1. A simple interest note for 120 days at 13.8% per annum has a maturity value of Php 5,753. What is the face value of

1. A simple interest note for 120 days at 13.8% per

annum has a maturity value of Php 5,753. What is the face

value of this note? 2. Chard signed a Php 2,800 bank discount

1. A simple interest note for 120 days at 13.8% per annum has a maturity value of Php 5,753. What is the face value of this note? 2. Chard signed a Php 2,800 bank discount note on April 16, 2008.If the note was for 10 months a 18% per annum, find the following: a. Maturity date b. Interest deducted in advance C. proceeds 3. Determine the interest and maturity value of a simple interest note signed on October 29, 2008 and due February 11, 2009. The note has a face value of Php 10,000 and an interest rate of 16.5% per annum

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