Jun is investing an amount at 15% simple interest for 3 years. If he tends to have P48,200.00 at the end of the term, what must be his principal?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter7: Rational Expressions And Functions
Section7.5: Solve Applications With Rational Equations
Problem 307E: Mia can clean her apartment in 6 hours while her roommate can clean the apartment in 5 hours. If...
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Jun is investing an amount at 15% simple interest for 3 years. If he tends to have P48,200.00 at the end of the term, what must be his principal?

 

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