WRITTEN TASK #2 IN BUSINESS MATHEMATICS
(Simple and Compound Interest)
NAME:____________________________________ DATE:______________
GRADE & STRAND:__________________________ SCORE:_____________
MESSAGE DECODER
Direction: Answer the questions in the table below and write the letter that
corresponds to each answer to find the hidden message. The clue is given below:
How can you make a squirrel like you?
______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______
₱12600 ₱26000 ₱65000 ₱8400 ₱16500 ₱72930 ₱25000 ₱12600 ₱6000 ₱90146 ₱65000
A C E
Find the simple interest of How much will be the total Ling borrowed ₱50000 in the
bank and promised to pay after
an amount ₱35000 invested amount if ₱20000 was
5 years with an interest rate of
after 3 years with an interest invested after 2 years with 10%. How much was the
rate of 12%. an interest rate of 15%? interest?
Ans. Ans. Ans.
I K L
How much money will be Find the accumulated value of What is the simple interest of
deposited to earn an interest an amount ₱60000 that was an amount ₱42000 invested
deposited after 2 years with an after 2.5 years with an
of ₱3960 after 4 years at an
interest rate of 10% compounded
interest rate of 6%. interest rate of 8%?
semi-annually.
Ans. Ans.
Ans.
N T U
Granger borrowed ₱30000 in the Find the amount of money How much was the total value of
bank and promised to pay after invested after 10 years that an amount ₱80000 that was
4 years with an interest rate of yields an interest of ₱26000 deposited after 3 years with an
5% per year. How much was the with an interest rate of 4% interest rate of 4% compounded
interest? annually. quarterly.
Ans. Ans. Ans.