1. What is the exact number of days between April 14, 2012 and January 11, 2013? 2. What is the approximate number of days from September 21, 2011 to April 14,
2012?
3. How much discount interest will there be if P12,500 is due at the end of 3 years
with a 12% discount rate?
4. What are the proceeds of a P125,000 loan at the end of 4 years if the simple
discount rate is 9%?
5. How much is the amount due at the end of 5 years if the proceeds are P12,000
and the discount rate is 7.5%?