What is the future value F after six months (t=0.5) nterest rate r is 25% for a principal P worth P60,00 OP67,500.00 O P2,000.00

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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38 and 37.
What is the future value F after six months (t=0.5) if the
interest rate r is 25% for a principal P worth P60,000?
OP67,500.00
P2.000.00
O P60,000.00
Transcribed Image Text:What is the future value F after six months (t=0.5) if the interest rate r is 25% for a principal P worth P60,000? OP67,500.00 P2.000.00 O P60,000.00
3
Which bank is best to invest in if you want to earn
money after 90 days (t/365 or t/360 days) with an
investment of P160,000?
Bank
PowerCash 1.5%
Supermint 2.3%
Pesotron
O Supermint
Simple daily
interest
Pesotron
PowerCash
1.6%
Divisor
t/365
t/360
t/360
Interest
?
?
V
Transcribed Image Text:3 Which bank is best to invest in if you want to earn money after 90 days (t/365 or t/360 days) with an investment of P160,000? Bank PowerCash 1.5% Supermint 2.3% Pesotron O Supermint Simple daily interest Pesotron PowerCash 1.6% Divisor t/365 t/360 t/360 Interest ? ? V
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