() A loan of P50,000 is made for a period of 20 months, at a Simple interest rate of 20% ,what tuture amount is dve at the end ?

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
Problem 27PS
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(5) A loan oF P50,000 is ma de for
a period of 20o months, at a
Simple interest rate of 20% what
tuture amount is dve atthe end ?
Transcribed Image Text:(5) A loan oF P50,000 is ma de for a period of 20o months, at a Simple interest rate of 20% what tuture amount is dve atthe end ?
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