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Business Math Interest Problems

This document provides a word problem asking the reader to decode a hidden message by answering questions about simple and compound interest calculations. There are 10 questions that ask the reader to calculate interest earned on various principal amounts over different time periods and interest rates. The letters corresponding to the answers are used to reveal the hidden message.
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0% found this document useful (0 votes)
85 views1 page

Business Math Interest Problems

This document provides a word problem asking the reader to decode a hidden message by answering questions about simple and compound interest calculations. There are 10 questions that ask the reader to calculate interest earned on various principal amounts over different time periods and interest rates. The letters corresponding to the answers are used to reveal the hidden message.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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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.

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