1) At what simple interest rate per annum will P35,500 accumulate to P61,000.00 in 6 years and 9 months?
1) At what simple interest rate per annum will P35,500 accumulate to P61,000.00 in 6 years and 9 months?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:1) At what simple interest rate per annum will P35,500 accumulate to P61,000.00 in 6 years and 9
months?
2) How long will P 18,500.00 amount to P40,500.00 if the simple interest rate is at 11.5% per annum?
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