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1. On August 6 , Gaby went to the MSS Bank and took out a...

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Accounting

image 1. On August 6 , Gaby went to the MSS Bank and took out a loan for P85,000 at 10% ordinary interest rate for 90 days. What is the maturity value at the end of the loan? 2. Determine the exact and ordinary interest on P15,800 at 12% from January 9,2017 , to June 24 of the same year 3. Find the exact and ordinary interest on P17,600 at 9.5% from December 3,2014 , to June 24, 2015. 4. Give the exact interest on P15,750 at 9% simple interest for 185 days. 5. Find the interest earned at the end of 4 years if P36,700 is invested at 12% compounded bimonthly. 6. At what nominal rate compounded quarterly for 7 years will P40,000 accumulate to P95,000 7. Ruel Dayrit deposited P6,300 in a commercial bank paying 12% compounded continuously. How much would he have at the end of 5 years. 8. When will P15,700 increased by P3,400 if money is worth 17% compounded continuously? 9. Determine the future value and interest amount if P29,400 is invested at 12% compounded quarterly for 3 years

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