NCBA- FAIRVIEW, QUEZON CITY

SENIOR HIGH SCHOOL DEPARTMENT

A.Y. 2020-2021

NAME: Calagui, Erika Mae C. DATE: November 23, 2021

GRADE & SECTION: ABM 11 – DOLLAR – F SCORE: ______________

SEATWORK NO. 2 IN GENERAL MATHEMATICS

Solve the following word problems:

1. Immanuel deposits P15, 000 in a bank that pays 3% compound interest annually. How
much money will he have after 11 years without withdrawal?

Given:
- Formula: y = abx
- a = P15, 000
- b = 100 % + 3%
- x = 11

Solution:
y = P15, 000 (1.03)x
y = P15, 000 (1.03)11
y = P20,763.51

2. Suppose there are 200 bacteria grows at a rate of 35% each day.How many bacteria
will there be.

a. on a second day?

Given:
- Formula: y = abx
- a = 200
- b = 100 % + 35%
- x=2

Solution:
y = 200 (1.35)2
y = 364.5
b. two weeks from now?

Given:
- Formula: y = abx
- a = 200
- b = 100 % + 35%
- x = 14

Solution:
y = 200 (1.35)14
y = 13,356.81

3. A car bought this year for P1, 200, 000 depreciates by 10% a year. How much will the
car worth in 2026?

Given:
- Formula: P = P0 (1 – r)t
- P0 = P1, 200, 000
- r = 0.1
- t=5

Solution:
P = P1, 200, 000 (1 – 0.1)5
P = P1, 200, 000 (0.9)5
P = 708, 588

4. Mrs. Lacap bought an antique dresser for P18,000. She estimates that it will increase
value by 5% per year. Find the value of the dresser after 8 years?

Given:
- Formula: P = P0 (1 + r)t
- P0 = P18,000
- r = 0.05
- t=8

Solution:
P = P18,000 (1 + 0.05)8
P = P18,000 (1.05)8
P = P 26, 594.20