Can some help me with interest questions?

ogab2323

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Jan 19, 2021
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1.) How long will it take for P 5,000 to amount to P 5,825 at 5% simple interest.

2.)If P2,500 earns at the rate of 5% per year how much will it earn in 10 months.

3.)Find the interest when P 1,500 is invested for 3 years at 15% annual rate.

4) At the end of 11 months James paid Jerry P3,200. If money is worth 20%, find the original amount borrowed by James. *

5.)At what rate will P 18,000 earn 750 in 1 year and 10 months
 
1.) How long will it take for P 5,000 to amount to P 5,825 at 5% simple interest.

2.)If P2,500 earns at the rate of 5% per year how much will it earn in 10 months.

3.)Find the interest when P 1,500 is invested for 3 years at 15% annual rate.

4) At the end of 11 months James paid Jerry P3,200. If money is worth 20%, find the original amount borrowed by James. *

5.)At what rate will P 18,000 earn 750 in 1 year and 10 months
Do you know the "simple interest" formula? Please consult your text-book or class-notes or Google to find the formula.

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