9. An employee borrows Php60,000 for seven months at an interest rate of 12% per year. Find the interest earned called Int and the total amount he has to pay named Value.
9. An employee borrows Php60,000 for seven months at an interest rate of 12% per year. Find the interest earned called Int and the total amount he has to pay named Value.
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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