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1. Catriona's father borrows P80,000.00 from a lending company. At the end of 2 4 years,
he has to pay an interest rate of 20%. How much will be pay back to the lending company?
2. If Gemmalyn has P40,000.00 in her savings account and the rate of interest is 4 % a
year, how much interest does her money earn? How much money will he have in all?
3. George opens a savings deposit of P38,000.00 in a bank that offers interest on savings at
4% per annum. The bank computes interest every 6 months. If George will deposit
P12,000.00 more, how much will his new balance be at the end of 6 months?​ solve all with solution


Sagot :

Answer:

1.80000*0.2=16000

80000+16000=96000

Answer:96000

2.40000*0.04=1600

40000+1600=41600

answer:41600

3.38000+12000=50000

50000*0.04=2000

2000+50000=52000

Answer:52000

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