Determine the maturity value of Php100,860 if it is invested at 7% simple interest rate for 265 days using ordinary interest. O Php 110, 256.31 O Php 106, 057.09 O Php 124, 654.08 O Php 107, 650.00 O Php 102, 432.09

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
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Determine the maturity value of Php100,860 if it is invested at 7% simple interest rate for 265 days using ordinary
interest.
O Php 110, 256.31
O Php 106, 057.09
O Php 124, 654.08
O Php 107, 650.00
O Php 102, 432.09
Transcribed Image Text:Determine the maturity value of Php100,860 if it is invested at 7% simple interest rate for 265 days using ordinary interest. O Php 110, 256.31 O Php 106, 057.09 O Php 124, 654.08 O Php 107, 650.00 O Php 102, 432.09
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