How much simple interest would acquire the an amount of PHP 10, 000after 6 years at...
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How much simple interest would acquire the an amount of PHP 10, 000after 6 years at a rate of 3%? 9. Suppose you invested PHP 35, 000 at a simple rate of 2.5%, how much will be your investment after 10 years? 10.Peter borrowed PHP 153, 000 at 8% compounded annually. How much hewill be paying after 3 years? How much simple interest would acquire the an amount of PHP 10, 000after 6 years at a rate of 3%? 9. Suppose you invested PHP 35, 000 at a simple rate of 2.5%, how much will be your investment after 10 years? 10.Peter borrowed PHP 153, 000 at 8% compounded annually. How much hewill be paying after 3 years?
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SOLUTION 8 The formula for simple interest is I PRT where I is the interest P is the principal or am... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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