1. Find the total simple interest on P12,500 at 8% for 2 years.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section11.2: Operations Models
Problem 1P: If the number of competitors in Example 11.1 doubles, how does the optimal bid change?
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1. Find the total simple interest on P12,500 at 8% for 2 years.

2. Find the total simple interest on P12,500 at 8% for 9 months.

3. How long will it take P80,000 to accumulate to P96,000 at 8% simple interest rate?

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ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,