Compound Interest - Please include the whole solution, not just the letters.

8.) What is the total number of conversion periods when a certain amount is borrowed at 2.5% compounded semi-annually for 2 years? A. 2 C. 6 B. 4 D. 8 9.) Find the compound interest on P5,000.00 for 1 year at 8% per annum, compounded semi-annually? A. P200.00 C. P280.00 B. P208.00 D. P408.00 10.) What is the compound interest on P30,000.00 at 5 % per annum for 2 years, compounded annually? A. P3,000.00 C.P3,075.00 B. P3,250.00 D.P3,750.001.) This refers to the accumulated amount obtained by adding the principal and the compound interest. A. Compound amount C. Present value B. Compound interest D. Simple interest 2.) Date on which the money borrowed or loaned is to be completely repaid. A. Conversion period C. Maturity date B. Loan date D. Origin date 3.) What is the formula in computing the compound interest on a given financial transaction? A. A=P(1+r)- t C. A=P(1-r)- t B. A=P(1+r) D. A=P(1-r) * 4.) How much money should Johnny placed in a time deposit in a bank that pays 4% compounded annually so that he will have P55,000.00 after ten years? A. P37,156.03 C. P37,146.03 B. P37,165.03 D. P37,156.30 5.) This refers to the amount paid or earned for the use of money. A. Conversion period C. Principal B. Interest D. Rate 6.) Which of the following best describes compound interest? A. Compound interest is easier to compute. B. Compound interest resists more money. C. Compound interest computed on the original principal only. D. Compound interest keeps computing interest. 7.) This refers to the number of times in a year the interest will be compounded. A. Conversion Period C. Conversion Interest B. Number of Conversion Period D. Conversion Rate