What rate will it effect, if the principal of P12,555 earns interest of P5,500 in 2 years and 8 months

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 16E
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What rate will it effect, if the principal of P12,555 earns interest of P5,500 in 2 years and 8 months? 

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