Question: Solve the following problem sets in Simple Interest. Show your solution What is the principal amount if the amount of interest at the end of

Solve the following problem sets in Simple Interest. Show your solution What is the principal amount if the amount of interest at the end of two and a half years is P4500 for a simple interest of 6% per annum?

*** NEED ASAP PLS. THANK YOU.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Solve the following problem set in simple Interest. Show your solution. 1. What is the interest rate if you are to pay P10,000 from a P4000 principal amount after 3 years? ** NEED ASAP PLS. THANK YOU.

Problem A. You borrowed Php 100,000.00 from a local bank for three (3) years. 1. Solve for (a) and (b) at 10% compound interest per year (a) How much interest would you pay at the end of three (3)...

1. In two to three sentences explain the differences between compound interest and simple interest. Simple interest is based on the principal amount of a loan or deposit whereas compound interest is...

1-Please provide 5 cross-examination questions for: Chris Moss Dr. Gerry Stein Sydney Payne Terry Preece Leslie Brown Alex Lloyd 2-Explain why/how/if you would use exhibits A, B, C, and D. 3-What...

Be sure to complete the final stepclick on the Send for Marking button to notify your tutor. Prerequisite: Read what an API is in the textbook Introduction to Programming Using Java by David J. Eck...

1. Express each fraction as a percent. (1 mark each) a) 5/9 b) 17/80 2. Express each decimal as a percent. (1 mark each) a) 0.051 b) 4.12 3. Express each percent as a decimal. (1 mark each) a) 84.7%...

loge Mail In Parti You Will Be Computing Various Values Ass... | Chegg.com Lumen OHM Asment Introduction: In this lab you will examine a home loan, also known as a mortgage. In Part I you will be...

Finding Compound Interest Using Three Methods Preparation/Setup 1. Open the Sign-Up Sheet below in the Module and follow the directions to get the specific inputs for your activity. Copy the Line...

convert each general annuity below to its equivalent simple annuity. Show your solution to support your answers. 1. PHP3,000 due at the end of 12 months at 6% compounded semi-annually 2. PHP7,900...

A subspace A is deformation retract of X, if there exists a retraction r: X A homotopic to the identity map ix on X.

Access KTMs 2011 annual report dated December 31, 2011, from its Website www.KTM.com. Identify and read the section in the Group Status Report2011, section 12, regarding Sustainability. Required KTM...

How important would the specialist knowledge skills be in this new role?

A random sample of 43 biology students in a science program are selected for a study. Of those selected, only 27 passed the mid term exam. At the 5% significance level, is there sufficient evidence...

3.1 Given A = 3E1, E3, E6, E94 , define A.

3.5 A corporation takes delivery of some new machinery that must be installed and checked before it becomes available to use. The corporation is sure that it will take no more than 7 days for this...

An investor follows the Dow Jones Industrial index. What are the possible basic outcomes at the close of the trading day?