d.
b. r
Is
33. Jessa borrowed Php 36,500 at 5% simple interest rate. How much will she pay after 2
years?
a. Php 40,150
c. Php 365,000
b. Php 3,650
d. Php 42,136
34. Marie invests Php52,300 at a bank with 6% simple interest rate. How much is the
interest after 18 months?
a. Php 4,707
c. Php 47,070
b. Php 56,484
d. Php 564,840
35. How long would a Php 45,200 investment become Php10,170 with a simple interest rate
of 9%?
a. 25 years
c. 30 months
b. 18 months
d. 35 months
36. Jacob purchases a motorcycle in an installment basis. If paid in cash, the motorcycle is
worth Php65,000. However, it has a simple annual interest rate of 15%. How much will he
pay
in 3
years?
a. Php 29,250
c. Php 292,500
b. Php 67,925
d. Php 94,250
37. Kent borrowed Php 70,000 from a lender. After 2 years, he paid Php 74,200 to the lender.
What is the simple interest rate imposed by the lender?
a. Php 4,200
c. 0.03
d. 6%
b. 2 years
YYT
17​