Gen math

Performance Task No.1: Solve Me Name: Strand: Activity 1: Fill Me! Complete the tables by solving for the unknown. A. Simple Interest Principal (P) Rate (r) Time (t) Interest (/,) P 10, 000 8% 15 (1) (2) 2% 5 P 10, 000 P 360, 000 (3) 2 P 3, 600 P 500, 000 10.5% (4) P 175, 500 P 800, 000 9.25% 2.5 (5) B. Compound Interest Principal (P) Rate (r) Time (t) Compound Maturity Value (F) Interest (1) P 35, 600 6% 9 months (6) (7) P 140, 250 10% 15 months (8) (9) P 75, 800 8.5% 2years (10) (11) (12) 2% 5 (13) P 50, 000 (14) 9.25% 2.5 (15) P 100, 000 Find the unknown principal P, rate r, time t, and interest I by completing the table. Principal (P) Rate (r) Time (t) Interest (1) 10,000 8% 15 (1) (2) 2% 5 10.000 360,000 3 2 3.600 500,000 10.5% (4) 175,500 880,000 9.25% 2.5 (5) Activity 2. Solve Me 1. A bank is offering 2.5% simple interest on a savings account. If you deposit $5000, how much interest will you earn in one year? 2. Hemmings borrowed $3000 for home improvements. They repaid the loan and $600 in simple interest four years later. What simple annual interest rate did they pay? 3. Irene invested P 25, 000 at 16% simple interest for 6 years, a. How much interest will be earned? b. What is the future value of the investment at the end of 6 years? 4. In a certain bank, Marie invested P 88, 000 in a time deposit that pays 1.5% compound interest in a year, How much will she have after 6 years? How much interest will she gain? 5. Kaye aims to accumulate an amount of P 180, 000 in 5 years and 6 months. Find the present value on the following investments and tell which investment requires a smaller principal. a. Simple interest of 8.5% b. 8.5 compounded semi-annually