Scribd
Upload
11 views4 pages

Activity 3

The document contains math problems involving calculating interest on loans over various periods of time using percentages and monetary amounts. It includes finding ordinary and exact interest, approximate number of days between dates, and calculating simple interest using different time periods.

Uploaded by

Jandrei Ezekiel Laus
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
11 views4 pages

Activity 3

The document contains math problems involving calculating interest on loans over various periods of time using percentages and monetary amounts. It includes finding ordinary and exact interest, approximate number of days between dates, and calculating simple interest using different time periods.

Uploaded by

Jandrei Ezekiel Laus
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 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?

You might also like