QUEZONIAN EDUCATIONAL COLLEGE, INC.

Pre-Finals Examination

Name: Christian Jhul M. Madayag

Course, Year & Section: 3rd year BSCS
Date: June 3, 2021

Answer the following problems. Show your solution.

1. A man put his Php 500,000 in an investment earning an 8% interest. Determine the
man’s interest earned and his total money at the end of 15 months.

2. Determine the time when Php 50,000 is invested at 15% simple interest and will
accumulates an interest of Php 16,875.

3. What principal will yield Php 8,775 in nine months at 18%?

4. Find the final amount and the interest of 15,000 at 2 ½% compounded monthly.

5. A working student planned to buy laptop worth 35,000.00 in a home credit appliances
store which offers 3% interest payable in 18 months.
A. How much will be the monthly installment?
B. Make an amortization schedule for this loan.
 QUEZONIAN EDUCATIONAL COLLEGE, INC.

ANSWER
1.