Question

You put an amount of ₱10,000 in a bank as time deposit. If there is an interest rate of 5% annually, how much money would you have after 5 years? *
3 points
₱15,125
₱12,155
₱12,515
₱11,255

Answer 1

Help me pls

Answer 2

U have to start with the formula I=prt

Answer 3

So u would do 10,000+5%=10500
10500x5=52500

Answer 4

I think I did the equation wrong but your answer would be 12,155