NAME: _____________________________________________________

DATE: _______________________

EDITION
genellemae.madrigal

(1) Tinkerbell deposits Php 4,000.00 at Neverland bank at an

interest rate of 4.5% per year. How much interest will she
earn at the end of 3 years?

(2) Captain James Hook borrowed Php 3,000.00 from Neverland bank
at an interest rate of 12% per year for a 2-year period. How much
interest does she have to pay the bank at the end of 2 years?

(3) Peter Pan bought a house for Php 40,000.00. He took a

Php 20,000.00 loan from Neverland bank at an interest rate of
15% per year for a 3-year period. What is the total amount
(interest and loan) that he would have to pay the bank at the end
of 3 years?

(4) Wendy is investing Php 4,000.00 for 2 years. The interest rate is 5.5%. How much
interest will she earn after 2 years?

GENELLEMAEAMADRIGAL | FINANCE_8
 (5) Tiger Lily invests Php 1200.00 at an annual rate of 6.5%. How long
will it take until she earns Php 195.00 in interest?

(6) Smee borrowed some money from Captain Hook at 15% simple
interest and cleared the debt at the end of 2 years 8months by
paying $9240. Find the sum borrowed.

Answer the following questions

and win exciting treasure!

At what rate will the interest on $480 in 15 months equals

the interest on $800 at 5% rate of interest in 9months.

A certain sum of money amount to $312 at 4% interest, $324 at 8%

interest. Find period of time.

A certain sum of money amount to $312 at 4% interest, $324 at 8% interest. Find

principal.

GENELLEMAEAMADRIGAL | FINANCE_8