Question: GENERAL MATHEMATICS GENERAL MATHEMATICS Test ll. Problem Solving Directions: For items number 7-10, fill the missing values in the table below. Simple Interest, Si |

GENERAL MATHEMATICS

GENERAL MATHEMATICS Test ll. Problem Solving Directions: For items number 7-10, fill the missing values in the table below. Simple Interest, Si | Principal, P | Interest Rate, r gm. 10,000 10% 20% 11-15. A saving account of BUR 35,000 earns compound interest at 7% per annum. Find the interest and the value of the amount (future value) after 10 years. Use the space provided below to show your solution. 16-20. An ordinary annuity payable quarterly at 15% compounded every 3 months for years and 9 months has a present value BUR 125,000. How much is the quarterly payment? Test ll. Essay 21-35. In this unit, one of our topic was all about simple and compound interest. Based on the discussion that we had, when can we say that using simple interest is an advantage to use and when can we say that compound interest is an advantage to use? 36-50. In this unit, we focused on discussing about basic business mathematics. How can these lessons be useful in this time of pandemic? Give a possible scenario of what will happen if you will be using those lessons that you have learned in this subject

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