UPVOTE WILL BE GIVEN! WRITE THE SOLUTIONS LEGIBLY. YOU MAY USE EXCEL. The simple interest rate is 4.2%. The maturity value of 1-year loan amounting to Php 260,000 is ?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 19E
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UPVOTE WILL BE GIVEN! WRITE THE SOLUTIONS LEGIBLY. YOU MAY USE EXCEL.

The simple interest rate is 4.2%. The maturity value of 1-year loan amounting to Php 260,000 is ?

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