Dekdjs
Dekdjs
GENERAL
MATHEMATICS 2ND QUARTER
SIMPLE
AND
COMPOUN
D
INTEREST
0.06 400 = $24
FORMULA:
Is= Prt
Is
Is= Simple Interest
P= principal
r= rate
t= time (in years)
P r t
SIMPLE
INTEREST
Future Value or Maturity Value
FORMULA:
F= P + Is or F= P( 1 + rt)
Back to Agenda P r t
PRINCIPA RATE TIME SIMPLE FUTURE
L INTEREST VALUE
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How much interest is charged when P50,000 is borrowed
for 9 months at an annual simple interest rate of 10%?
1. Is=?, therefore the formula is Is= Prt
When invested at an annual interest rate of 7%, the
amount earned was P11,200 of simple interest in two
years. How much money was originally invested?
1. P=?, therefore the formula is P=
Find the present value of P86,000 at 8% simple interest
rate for three years.
1. F = P (1 is + rt)
2. P=?, therefore the formula is P=
Your
turn!
If an entrepreneur applies for a loan amounting to P 500,000.00
in a bank, the simple interest of which is P 157,500.00 for three
years, what interest rate is being charged?
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QUESTIO
NS?
Asynchronous Activity!
Search for the following:
1. Interest
2. Difference between
Simple and compound
interest.
SIMPLE FUTURE
PRINCIPAL RATE TIME
INTEREST VALUE
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