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  • Activity in Mathematics of Finance

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    Mica Elah Francisco
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    This document contains 3 math finance problems: 1) Calculating interest and amount due on a 54,000 peso loan at 15.6% for 100 days, 2) Determining the proceeds of a 100,000 peso loan from SSS at a 15% discount interest rate for 1 year, 3) Finding the interest generated from a 9,250 peso payment on a loan made 6 months prior at a 12% simple interest rate.

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    This document contains 3 math finance problems: 1) Calculating interest and amount due on a 54,000 peso loan at 15.6% for 100 days, 2) Determining the proceeds of a 100,000 peso loan from SSS at a 15% discount interest rate for 1 year, 3) Finding the interest generated from a 9,250 peso payment on a loan made 6 months prior at a 12% simple interest rate.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    110 views1 page

    Activity in Mathematics of Finance

    Uploaded by

    Mica Elah Francisco
    This document contains 3 math finance problems: 1) Calculating interest and amount due on a 54,000 peso loan at 15.6% for 100 days, 2) Determining the proceeds of a 100,000 peso loan from SSS at a 15% discount interest rate for 1 year, 3) Finding the interest generated from a 9,250 peso payment on a loan made 6 months prior at a 12% simple interest rate.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Activity in Mathematics of Finance

    Solve the following problems.


    1. Find the interest and amount due on a loan of Php 54,000 at 15.6% per year for 100 days.

    2. A man borrows Php 100,000 from the Social Security System for a term of one year. The interest
    charged is 15% discount interest rate. Determine the proceeds of the Php 100,000.

    3. Jan paid Php 9,250 on a loan made 6 months before at 12% simple interest. Find the interest
    generated.

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