Question: 12. If Php 24,000 is the present value of Php 27,500 due at the end of 16 months, find: a. the discount interest rate. b.

12. If Php 24,000 is the present value of Php 27,500

12. If Php 24,000 is the present value of Php 27,500 due at the end of 16 months, find: a. the discount interest rate. b. the simple interest rate

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