1. If ABC furniture borrowed P3,500 from a bank charging 18% simple interest, how much would ABC furniture pay at the end of 24 months?
2. Find the ordinary interest on P3,400 for 35 days at 5% simple interest.
3. Find the actual and approximate time from November 1, 1990, to January 18, 2000.
4. If money is worth 6 1/4% simple interest, what is the present value of P8, 250.00 due in 2 years and 6 months?
5. Find the present value of P4, 500 for 2 years and 3 months at 5.5% simple interest.