Question: Each item is credited 5 points. 1. Find the amount due on a loan of P8,500.00 at 12.5% simple interest at the end of 4

 Each item is credited 5 points. 1. Find the amount due

Each item is credited 5 points. 1. Find the amount due on a loan of P8,500.00 at 12.5% simple interest at the end of 4 years. 2. If a person borrowed P88,800 at a simple interest rate of 10 %% for 16 months, how much interest should he pay? 3. How much should you invest now at 8% compound semi-annually to have P8,500.00 in 2.5 years? 4. Which investment yields a larger amount after 10 years? Investment A: An Initial amount of P10,000.00 is deposited with P500 deposited monthly, with interest earned at 5%, Investment B: An initial amount of P12,000.00 is deposited with P6,000.00 deposited annually with interest earned at 5% compounded annually. 5. If an entrepreneur applies for a loan amounting to P500,000.00 in a bank, the simple interest of which is P157,500.00 for 3 years. What rate is being charged

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