Question: PLEASE ANSWER AS SOON AS POSSIBLE. 10. Consider the following account information for the month of February 2020. How much interest is earned for the

PLEASE ANSWER AS SOON AS POSSIBLE. 10. Consider the following account

PLEASE ANSWER AS SOON AS POSSIBLE.

10. Consider the following account information for the month of February 2020. How much interest is earned for the given month if the annual interest rate is 1.25%? Assume that a withholding tax shall be deducted. Date Amount in Account No. of Days Accumulated amount February 1 February 6 February 15 February 26 Php561,837.45 Php605,443.46 Php575,989.08 Php623,456.78 Total = Total = ADB = Solution for interest earned

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