Ronald got a multi-purpose loan of P18,000 from the credit cooperative, and this loan is payable after

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Ronald got a multi-purpose loan of P18,000 from the credit cooperative, and this loan is payable after 2 years and 9 months. How much will the credit cooperative earn from Ronald if it charged 7% simple interest rate?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Jun 07, 2023 07:22 AM

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Ronald got a multi-purpose loan of P18,000 from the credit cooperative, and this loan is payable after

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Personal Finance Turning Money into Wealth

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