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KAYCEIAN2211IN
Answered

How much did Josie invest if the maturity value is P38,500.00 and the
simple interest computed is at 1.12% for 6 years?
Independent Practice 1
Guide Questions
1. What is required in the problem?
2. What are the given facts?
3. Which formula will be used to solve the problem?
4. How much is the original investment?
With solution Po plssss ​

Sagot :

MAESAMSALVADOR021920IN

1.PRINCIPAL AMOUNT/PRESENT VALUE.

2.F= P38,500,000, R= 1.12% OR 0.0112 T=6 YEARS

3.F= P(1 + rt)

4. P36,075,71

1. P25,000,00

2.P1,552,035

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