Find the exact simple interest on P 10,000.00 for the period from January 2016 to November 23 2018, if the rate of interest is 22% P6,304.86 P6,287.43 P6,233.33

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
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ISBN:9781305084766
Author:Saeed Moaveni
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Chapter20: Engineering Economics
Section: Chapter Questions
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Find the exact simple interest on P 10,000.00 for the period from January 12
2016 to November 23 2018, if the rate of interest is 22%
P6,304.86
P6,287.43
P6,233.33
P6,298.83
Transcribed Image Text:Find the exact simple interest on P 10,000.00 for the period from January 12 2016 to November 23 2018, if the rate of interest is 22% P6,304.86 P6,287.43 P6,233.33 P6,298.83
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