14. What is the simple interest if P = P10,000, r = 15% and t = 2.5 years? %3D A. P2,500 O B. P3,750 O C. P1,500 O D. P6,250

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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14. What is the simple interest if P = P10,000, r = 15% and t = 2.5 years?
A. P2,500
B. P3,750
C. P1,500
D. P6,250
Transcribed Image Text:14. What is the simple interest if P = P10,000, r = 15% and t = 2.5 years? A. P2,500 B. P3,750 C. P1,500 D. P6,250
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