Question: How do you answer this? D Question 2 1 pts A P40,000 loan at 4% dated June 10 is due to be paid on October

How do you answer this?

How do you answer this? D Question 2 1 pts A
D Question 2 1 pts A P40,000 loan at 4% dated June 10 is due to be paid on October 11. The amount of interest is (assume ordinary interest). O P105.33 O P2,500.00 P568.95 O P546.67 O P503.00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!