How much will the bank pay dina on the maturity date

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Reference no: EM133002846

Problem 1. Find the actual time and approximate time from Apr. 14, 1995 to Nov. 20, 1995.

Problem 2. Dina placed Php 18,000 in a 240-day term deposit earning 8.5% per annum. How much will the bank pay Dina on the maturity date?

Problem 3. Find the interest on PHP 65,250 at 9.5% interest from Mar. 12, 2020 to Sept. 15, 2020, using the following:

a.) ordinary interest using actual time.
b.) ordinary interest using approximate time.
c.) exact interest using actual time.
d.) exact interest using approximate time.

Reference no: EM133002846

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