Question: A man wishes to have Php 1 0 0 , 0 0 0 . 0 0 on a bank that earns an exact simple interest

A man wishes to have Php 100,000.00 on a bank that earns an exact simple
interest rate of 8.50%.
a. How much money should he deposit on an account to fulfill his wish
if he decided to deposit it two days from now and withdraw this account
on August 26,2024, and no other withdrawals will take place? (1 pt)
A man wishes to have Php 100,000.00 on a bank that

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