It costs 100, 000 pesos at the end of each year to maintain a certain portion of a highway. If money is worth 10%, how much would it pay to spend immediately to reduce the annual cost to 40,000 pesos? a. P 60, 000 b. P 40, 000 c. P 400, 000 d. P 600, 000
It costs 100, 000 pesos at the end of each year to maintain a certain portion of a highway. If money is worth 10%, how much would it pay to spend immediately to reduce the annual cost to 40,000 pesos? a. P 60, 000 b. P 40, 000 c. P 400, 000 d. P 600, 000
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 14E
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It costs 100, 000 pesos at the end of each year to maintain a certain portion of a highway. If
money is worth 10%, how much would it pay to spend immediately to reduce the annual cost
to 40,000 pesos?
a. P 60, 000
b. P 40, 000
c. P 400, 000
d. P 600, 000
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