Answered: . A man buys a book that charges P1,500…

. A man buys a book that charges P1,500 at the end of 90 days. The man wishes to pay cash. What is the cash price if money is worth 10% simple interest?

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter1: Functions

Section1.1: Functions Given By Formulas

Problem 2TU: What is your monthly payment if you borrow 5000 at a monthly rate of 0.61 and pay it off in 5 years?

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2. A man buys a book that charges P1,500 at the end of 90 days. The man wishes to pay cash. What is the cash price if money is worth 10% simple interest?

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