Alyssacapuso67viz
Answered

A 9% interest for 1 year, what is the amount of interest on a loan of P25,000 for 6 months?
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Sagot :

Clodirsavviz

Answer:

1,125.00 interest for 6 months

Step-by-step explanation:

Interest = Prt

= 25000 × 9% × 6/12

= 25000 × .09

= 2250 × 6/12

= 1,125.00

hope it helps...

correct me if I'm wrong..