Question: Solve this using simple interest 17. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years? 18. If you deposit

Solve this using simple interest

17. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years? 18. If you deposit P5,500 in a bank at an annual simple interest rate of 0.5% how much money will you have after 12 years? 19. How much money should you deposit in a bank so that it will accumulate to P100,000 at 1% simple annual interest for 10 years

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