What amount of money will be borrowed in order to accumulate ₱94,200 invested for 1050 days paying 13.8% exact interest?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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What amount of money will be borrowed in order to accumulate ₱94,200 invested for 1050 days paying 13.8% exact interest?
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