Question: Exercise (Simple Interest Simple Discount Promissory Note) 1. A small business owner Borrowed Php.500.00 % for 18 months. How much interest will be repaid upon

repaid upon maturity of the loan? 2.On May 10. Victoria borrowed Php25,000.00

Exercise (Simple Interest Simple Discount Promissory Note) 1. A small business owner Borrowed Php.500.00 % for 18 months. How much interest will be repaid upon maturity of the loan? 2.On May 10. Victoria borrowed Php25,000.00 from the banks 18 met What is the interest charge on the loan she will paid her obligation on August 3. Discount Pho1.500.00 for three years at simple interest?

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