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  • Laus Activity 3

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    Jandrei Ezekiel Laus
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    The document contains instructions for 5 activity problems: 1) Calculating ordinary and exact interest on loans with given principal, rate, and time periods; 2) Approximating the number of days between given dates; 3) Finding the exact number of days between given dates; 4) Computing ordinary interest on a loan using approximate time; 5) Calculating simple interest earned on a loan using four interest calculation methods.

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    The document contains instructions for 5 activity problems: 1) Calculating ordinary and exact interest on loans with given principal, rate, and time periods; 2) Approximating the number of days between given dates; 3) Finding the exact number of days between given dates; 4) Computing ordinary interest on a loan using approximate time; 5) Calculating simple interest earned on a loan using four interest calculation methods.

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    8 views4 pages

    Laus Activity 3

    Uploaded by

    Jandrei Ezekiel Laus
    The document contains instructions for 5 activity problems: 1) Calculating ordinary and exact interest on loans with given principal, rate, and time periods; 2) Approximating the number of days between given dates; 3) Finding the exact number of days between given dates; 4) Computing ordinary interest on a loan using approximate time; 5) Calculating simple interest earned on a loan using four interest calculation methods.

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    of 4

    Activity 4.

    _OCTOBER 3, 2022

    1.Find the ordinary and exact interest of the following:

    a. P = ₱ 15 500; r = 6%; t = 165 days

    b. P = ₱ 25 120; r = 3.4%; t = 235 days


    2.Find the approximate number of days between:

    c. January 27, 2006 and June 15, 2007

    d. March 6, 2009 and November 2, 2010


    3 .Find the exact number of days between:

    e. November 13, 2005 and March 10, 2006

    f. September 5, 2011 and August 7, 2012


    4. A loan of ₱ 21 500 made on June 20, 2006 was charged with 7% simple interest. Using
    approximate time, compute the ordinary interest on the loan which was paid on February 10, 2007.

    5.On May 5, ₱ 30 000 was borrowed and repaid on August 19. Given an interest rate of
    11.6%, how much simple interest was earned using the four types of interest?

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