Activity 1. Complete the table by solving for the unknown principal, rate, time, simple interest, and future value. 1,000 3% 10,000 2.5% 1250 75,000 8 3000 0.25% 10 5,500 1,500,0904% is tar 20 Here's what we can do. (Application) In time of uncertainties and different crisis that we encounter in this world, it important to have savings and emergency fund as a backup plan. We never kno when tragedy will strike us that is why saving money is essential and it is a goo habit to have. You may be thinking now how you can open a bank account. Visit local bank or any financial institution to obtain information concerning the differe accounts they offer. Some banks offer a savings account for students with minim to no maintaining balance. It's easy to open an account, so start saving now