Topic: Simple Interest Instructions: Read and analyze each question carefully, answer the given real-life word problem. Show your solution based on
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Question

Topic: Simple InterestA. How many months will it take P15,000 to earn P56.25 at 1.5% simple interest rate?

Instructions: Read and analyze each question carefully, answer the given real-life word problem. Show your solution based on the given below. Organize and label your work on the space provided for.

B. How much was borrowed if a simple interest rate of 2.10% was offered payable in 4 months with interest of P35.00?

C. What is the simple interest on a P500 loan at 2.5% interest to be paid at the end of 6 months?

D. The loan of P 1, 350 is to be repaid in 1 year at 4.5% simple interest. How much is added to the loan?

E. How long will P60, 000 accumulate to P62, 430 if the simple interest rate agreed is 1.50%?

F. What is the maturity value of a loan of P 64,000 earning an interest of P 12, 733?

G. Mia Benson invested her summer earnings of P3,000 in a savings account which pays 2.5% interest. How much will this amount to in 6 months?

H. Mr. Seniro invested P150,000 at 5% for 8 years and another P150,000 at 8% for 5 years. Which investment will yield higher interest and by how much?  

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