If you borrow Php1,500 at a simple interest rate of 9% per year for 6 months, what is the total interest you will pay?Question 13Answera.Php112.50b.Php90c.Php67.50d.Php75Clear my choice

. Emilio borrows Php 1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

Alex borrowed Php4,000 for 5 years at 6% simple interest rate to pay for his band equipment. How much interest is that?

A company borrows money as needed on the first day of the month and repays principal and interest on the last day of the budget period, if cash is available.  For the second quarter of the year, they borrowed $10,000 in April, $8,000 in May and $5,000 in June.  The interest rate is 1% per month.  Assuming enough money is available on June 30th to repay the debt, the total amount of interest due is Blank______.Multiple choice question.$560$230$690

After 12 years, a deposit of Php 10,000 into your college account has earned Php 6,000 in interest payments. What simple interest rate did the account earn?*3 points25%50%7%5%

Mr. X borrows Php 25,000 with interest at 5.15% to be paid at the end of 2.5 years? What type of interest rate is 5.15%(2 Points)Simple interest rateNominal interest rateEffective rateCompound interest rate