13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?
Transcribed Image Text:13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?
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