If Lucky earned an interest of Php 1.912.50 for investing, Php 9.000 in CAS canteen for...

  

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If Lucky earned an interest of Php 1.912.50 for investing, Php 9.000 in CAS canteen for 2 years and 6 months, what is the rate of interest? Daryl decided to put her savings worth Php 150,000 in a bank which gives .50% annual interest. She leave that Php 150,000 in the bank for an entire year, at the end of the year,how much interest did she earned? What happened to the interest if Daryl decided to leave the money on the bank for longer number of years?2 years? 5 years? If Lucky earned an interest of Php 1.912.50 for investing, Php 9.000 in CAS canteen for 2 years and 6 months, what is the rate of interest? Daryl decided to put her savings worth Php 150,000 in a bank which gives .50% annual interest. She leave that Php 150,000 in the bank for an entire year, at the end of the year,how much interest did she earned? What happened to the interest if Daryl decided to leave the money on the bank for longer number of years?2 years? 5 years?

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1 This question is testing learners ability to apply the formulae of Simple Interest in calculating ... View the full answer