Question: Determine the future value if Php 55,000 is invested from January 2, 2019 to October 7, 2019, at 8% simple interest rate using: 1. exact

Determine the future value if Php 55,000 is invested from  January 2, 2019 to  October 7, 2019, at 8% simple interest rate using:



1. exact interest for the approximate time.

2. ordinary interest for the actual time.

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