Mark borrowed 65, 000 php from Rhenz under the following conditions: simple interest rate of 2.5%; to be paid 30 months after the loan date. What is the amount due in 30 months? A 69,062.50 php 68,560.26 php 70,717.75 php 123,462.78 php

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Mark borrowed 65, 000 php from Rhenz under the following conditions: simple interest rate of
2.5%; to be paid 30 months after the loan date. What is the amount due in 30 months?
A 69,062.50 php
68,560.26 php
70,717.75 php
123,462.78 php
Transcribed Image Text:Mark borrowed 65, 000 php from Rhenz under the following conditions: simple interest rate of 2.5%; to be paid 30 months after the loan date. What is the amount due in 30 months? A 69,062.50 php 68,560.26 php 70,717.75 php 123,462.78 php
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