BALANI, KURT RUSSELL T.

I- PS1

11/15/2021

ACTIVITY 2

SIMPLE DISCOUNT

Solve the following. Show your solution.

1. Find the proceeds of ₱ 50 000 due at the end of 8 months if the discount rate is 10 ½%?

ANSWER :

3. Discount (or find the present value of) ₱ 20 000 for 150 days at a discount rate of 7%.

ANSWER :
5. How long will it take for ₱ 20 500 to amount to ₱ 30 000, if the discount rate is 5 4/5%?

ANSWER :
7. If ₱ 25 000 is the present value of ₱ 30 500 due at the end of 16 months, find the
discount rate.

ANSWER:

9. Find the amount due on December 5, 2019, if the present value on October 5, 2019 is ₱
50 000 at 4% simple discount.

ANSWER :