Dory, Mifa, Sola, and Tido invested an amount of ₱20 000.00 on June 28, 2015 at 6%. How much interest is earned on December 12, 2015, using: a. Banker's Rule b. Actual time, exact interest c. Approximate, ordinary Interest d. Approximate Time, Exact Interest
Dory, Mifa, Sola, and Tido invested an amount of ₱20 000.00 on June 28, 2015 at 6%. How much interest is earned on December 12, 2015, using: a. Banker's Rule b. Actual time, exact interest c. Approximate, ordinary Interest d. Approximate Time, Exact Interest
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 15E
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Dory, Mifa, Sola, and Tido invested an amount of ₱20 000.00 on June 28, 2015 at 6%.
How much interest is earned on December 12, 2015, using:
a. Banker's Rule
b. Actual time, exact interest
c. Approximate, ordinary Interest
d. Approximate Time, Exact Interest
Show how you got the actual time and approximate time,
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