Question: SOLVE THE FOLLOWING PROBLEMS AND SHOW YOUR COMPLETE SOLUTIONS. EXPLAIN YOUR ANSWER FOR BETTER UNDERSTANDING. 1. Find the interest and amount on PhP 10,500

SOLVE THE FOLLOWING PROBLEMS AND SHOW YOUR COMPLETE SOLUTIONS. EXPLAIN YOUR ANSWER

SOLVE THE FOLLOWING PROBLEMS AND SHOW YOUR COMPLETE SOLUTIONS. EXPLAIN YOUR ANSWER FOR BETTER UNDERSTANDING. 1. Find the interest and amount on PhP 10,500 at 8% simple interest for 10 months. 2. Find the interest and amount on PhP 8,250 at 7-%simple interest for 7 years. 3. Find the interest and amount on PhP 1,200 at 11% simple interest for 2 years and 5 months. 4. If a principal of PhP 2,500 earns interest of PhP 185 in 3 years and 3 months. What interest rate is in effect? 5. A principal earns interest of PhP 385 in 2 years and 9 months at a simple interest rate 9-%. Find the principal invested?

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