1. **Problem 4:** Calculate the simple interest Maria pays after 1 year.
Simple interest formula is $$I = P imes r imes t$$ where:
- $P$ is principal
- $r$ is annual interest rate in decimal
- $t$ is time in years
Given: $P = 25000$, $r = 12\% = 0.12$, $t=1$
Calculate:
$$I = 25000 \times 0.12 \times 1 = 3000$$
So, interest after 1 year is ₱3000.
2. **Problem 5:** Calculate total amount Maria should return after 1 year.
Amount $A$ is principal plus interest:
$$A = P + I = 25000 + 3000 = 28000$$
Maria should pay ₱28000.
3. **Problem 6:** Calculate the amount Minda should pay after 8 months with 5% per annum simple interest.
Convert 8 months to years:
$$t = \frac{8}{12} = \frac{2}{3}$$
Given $P=9000$, $r=5\% = 0.05$
Interest:
$$I = 9000 \times 0.05 \times \frac{2}{3} = 300$$
Total amount:
$$A = P + I = 9000 + 300 = 9300$$
4. **Problem 7:** Find total interest Minda pays.
As calculated above, interest $I$ is ₱300.
**Final answers:**
4) ₱3000
5) ₱28000
6) ₱9300
7) ₱300
Simple Interest
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