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How much money should you be willing to pay now for a guaranteed $600 per year for 9 years starting
next year, at a rate of return of 16% per year?
A businessman borrows P20,000 for his operations. One financial institution is willing to lend him money
for one year at a discounted interest rate of 10.5% per annum. What is the effective rate?

A weather report indicates the barometric is 29.75 in of mercury. What is the atmospheric pressure in psi



The numerical value of the volume of a cube is equal to the numerical value of its total surface area.

What is the length of its side?


Find the volume of material needed to build a perimeter wall 10 m x 20 m x 0.30 m thick if the wall is 1.5 m high.


A 12 cm x 14 cm x 6cm box is to be completely wrapped with a foil. Determine the required area of foil.


A prism with an altitude of 15 cm has an octagonal base inscribed in a square with side 10 cm. Find the volume of the prism.


A channel has trapezoidal ends. The top width of the channel is measured to be 6m and the bottom width is 3m. If the

depth of the channel is 4m. Find the volume per meter strip.


A man borrowed P10,000 from a bank and agreed to pay the loan at the end of 10 months. The bank
discounted the loan and gave him P9,500 in cash.
a) What was the rate of discount?
b) What was the rate of interest?
c) What was the rate of interest for one year?
Mr. J de la Cruz borrowed money from a bank. He received from the bank P1,342 and promise to pay
P1,500 at the end of 9 months.
1. Determine the discount rate or often referred to as “Banker’s discount”
2. Determine the simple interest rate
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