P10,000 IS BORROWED FOR 75 DAYS AT 20% PER ANNUM SIMPLE INTEREST. HOW MUCH WILL BE DUE AT THE END OF 75 DAY O a. P10,416.67 O b. P10,461.67 O c. P11,416.67 O d. P10,146.67
P10,000 IS BORROWED FOR 75 DAYS AT 20% PER ANNUM SIMPLE INTEREST. HOW MUCH WILL BE DUE AT THE END OF 75 DAY O a. P10,416.67 O b. P10,461.67 O c. P11,416.67 O d. P10,146.67
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 9P
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