Li. Answer The Following Problems Involving Simple And Compound Interest. Use Another Sheet Of Paper To Show Your Complete Solutions And Answer. 1. Find Th

Li. Answer the following problems involving simple and compound interest. Use another sheet of paper to show your complete solutions and answer. 1. Find the future value on a loan of P100,000 if the loan is given at a rate of 2% and is due in 5 years? 2. Mark invested an interest rate of 6%, the amount earned P10,000 of simple interest in 4 years. How much money was originally invested and the future value? 3. In a certain bank, May invested P120,000 in a time deposit that pays 5% compounded annually. How much will be his money after 5 years? 4. How much must be invested if you want your money became P50,000 in 2 years at rate of 8% in a compounded quarterly?

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Answer:

because of the gravity of earth