Answered

Mr. De Leon borrowed some money at the rate of 5% per annum for the first 2 years, at the rate of 9% per annum for the next 3 years, and at the rate of 12% per annum for the period beyond 5 years. If he pays a total interest of ₱ 10 625 at the end of 9 years, how much money did he borrow?.

Sagot :

Mariannelgill69viz

Answer:

/////////Answer. 1,500 is the sum of money that will produce Rs. 150 intrest in 2 years at 5% rate of intrest.Nob 15, 2020

Step-by-step explanation:

Importantpuddingviz

Answer:

x=12,500

Step-by-step explanation:

10625=((x*5*2)/100)+((x*9*3)/100)+((x*12*4)/100)

10625=(10x/100)+(27x/100)+(48x/100)

10625=85x/100

1062500=85x

x=12,500