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    1 GENMATH DiomampoAyessa Brochure SA2

    Uploaded by

    Marjorie Chavez
    Alanis borrowed 1000 pesos from Aermione to buy face masks at a 3% interest rate. To calculate the total amount Alanis will pay after 1 year, the principal of 1000 is multiplied by 1.03 (1 + the 0.03 interest rate). This equals 1030 pesos, so the total amount Alanis will pay after 1 year is 1030 pesos.

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    1 GENMATH DiomampoAyessa Brochure SA2

    Uploaded by

    Marjorie Chavez
    49 views2 pages
    Alanis borrowed 1000 pesos from Aermione to buy face masks at a 3% interest rate. To calculate the total amount Alanis will pay after 1 year, the principal of 1000 is multiplied by 1.03 (1 + the 0.03 interest rate). This equals 1030 pesos, so the total amount Alanis will pay after 1 year is 1030 pesos.

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    Alanis borrowed 1000 pesos from Aermione to buy face masks at a 3% interest rate. To calculate the total amount Alanis will pay after 1 year, the principal of 1000 is multiplied by 1.03 (1 + the 0.03 interest rate). This equals 1030 pesos, so the total amount Alanis will pay after 1 year is 1030 pesos.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    49 views2 pages

    1 GENMATH DiomampoAyessa Brochure SA2

    Uploaded by

    Marjorie Chavez
    Alanis borrowed 1000 pesos from Aermione to buy face masks at a 3% interest rate. To calculate the total amount Alanis will pay after 1 year, the principal of 1000 is multiplied by 1.03 (1 + the 0.03 interest rate). This equals 1030 pesos, so the total amount Alanis will pay after 1 year is 1030 pesos.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    LOAN & PROBLEM PROCESS

    INTEREST

    LOAN LAST MONTH, ALANIS BORROWED


    1000
    an amount of money that is
    borrowed, often from a PESOS FROM AERMIONE TO BUY 5
    bank BOXES OF FACE MASKS BECAUSE BASED ON THE PROBLEM, WHAT IS ASKED IS
    THE AMOUNT OF THE MATURITY VALUE OR
    OF THE VIRUS AND SHE IS A THE FINAL AMOUNT THAT THE LENDER
    INTEREST FRONTLINER IN A PUBLIC MARKET. RECEIVES FROM THE BORROWER ON THE
    AERMIONE GAVE HER 3% INTEREST MATURITY DATE, SO I CAME UP WITH THIS
    is the amount paid for
    EQUATION OF FINAL AMOUNT IS EQUAL TO
    RATE. HOW MUCH WILL ALANIS PAY PRINCIPAL MULTIPLIED TO THE SUM OF ONE
    the use of money AFTER A YEAR? AND PRODUCT OF RATE AND TIME.
    PROCESS CONCLUSION I CHOSE INTEREST TO MAKE
    REFERENCE
    A SITUATIONAL PROBLEM (n.d.). Retrieved from
    BECAUSE IT IS MUCH EASIER Cambridge Dictionary:
    AND COMMON ESPECIALLY https://dictionary.camb
    THESE PRESENT TIMES. ridge.org/us/dictionary/
    BASED ON OUR LESSON, TO
    SOLVE INTEREST INVOLVES english/loan
    PRINCIPAL LOAN, INTEREST
    RATE, AND TIME SO I USED
    TO SOLVE THE EQUATION, I SUBSTITUTED THE PRINCIPAL THEM TO FIND WHAT IS
    BY 1000,THE RATE BY 0.03 FROM 3% AND TIME BY 1 ASKED IN THE SAID
    BECAUSE OF 1 YEAR OF MATURITY DATE. THEN I PROBLEM. LENDING A
    FOLLOWED THE STEPS IN COMPUTING AND SO I ARRIVED
    SPECIFIC AMOUNT OF
    MONEY IS AN EXAMPLE OF
    TO THE FINAL AMOUNT OF ₱1030.00

    SOLVING INTEREST
    BECAUSE IN HERE THE
    DEBTOR KNOWS HOW MUCH
    IS THE MATURITY VALUE
    THEY WILL PAY TO THE
    CREDITOR WHEN THE
    MATURITY DATE CAME.
    INTEREST CAN BE ALSO
    THE TOTAL AMOUNT THAT USED IN DIFFERENT REAL-
    ALANIS WILL PAY AFTER A LIFE SITUATIONS LIKE CAR
    LOANS, INVESTMENTS,
    YEAR WAS ₱1030.00. INTEREST AMORTIZATION,
    AND ETC.

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