Harryibonviz Harryibonviz

Math

Answered

1. How much interest is charged when P100,000.00 is borrowed for 6 months at
an annual simple interest rate of 12%?
2. Find the maturity value and the compound interest if 15,000 is compounded
annually at an interest rate of 3% in 3 years.

Sagot :

Rapjiroviz Rapjiroviz

Answer:

6,000.00

Step-by-step explanation:

100,000(0.12/2)

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