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9. How much money will you have after 10 years if you deposited P75,000 in a bank that pays 4% simple interest?
A.P30,000.00
B.55,000.00
C.P87,000.00
D.P105,000.00

10. You placed a time deposit in a bank for P100,000.00 with an interest of 5% compounded twice a year. How much money will you have after 5 years?
A. P 98,788.56
C. P 128,008.45
B. P 116,433.56
D. P 136,344.56​


Sagot :

Answer:

1.B

2.A

Step-by-step explanation:

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