To buy a laptop, Jihyo borrowed Php 38,000 at 8% simple interest. How much does she have to pay back at the end of 3 years? Php 47,120 O Php 9,120 O Php 38,800 O Php 56,903

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

@ please show solution

To buy a laptop, Jihyo borrowed Php 38,000 at 8% simple interest. How much does she
have to pay back at the end of 3 years?
Php 47,120
Php 9,120
O Php 38,800
O Php 56,903
Transcribed Image Text:To buy a laptop, Jihyo borrowed Php 38,000 at 8% simple interest. How much does she have to pay back at the end of 3 years? Php 47,120 Php 9,120 O Php 38,800 O Php 56,903
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell