John borrowed P15,000 for 2 years and with simple interest at 9%. How much c owe at the end of the time? A P3,375 B P15, 375 © P18,000 D P18, 375

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
icon
Related questions
Question
John borrowed P15,000 for 2 years and 6 months,
with simple interest at 9%. How much does he
owe at the end of the time?
A P3,375
B P15, 375
© P18,000
D P18, 375
Transcribed Image Text:John borrowed P15,000 for 2 years and 6 months, with simple interest at 9%. How much does he owe at the end of the time? A P3,375 B P15, 375 © P18,000 D P18, 375
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill