Answered: If Tina wants to earn 10% annual simple…

If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to have P30,000 in 9 months?

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter9: Sequences, Probability And Counting Theory

Section: Chapter Questions

Problem 29RE: Alejandro deposits $80 of his monthly earnings into an annuity that earns 6.25% annual interest,...

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If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to have P30,000 in 9 months?

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