1. A loan of Php 20,000 with a simple interest rate of 5% will be paid within 10 months. What value will you substitute fo t when you calculate the amount of interest? 2. A loan of Php 65,000 in March 2014 with a simple interest rate of 3% has been paid in March 2017 in the amount of P72,000. What is the duration of the loan?

1. A loan of Php 20,000 with a simple interest rate of 5% will be paid within 10 months. What value will you substitute fo t when you calculate the amount of interest? 2. A loan of Php 65,000 in March 2014 with a simple interest rate of 3% has been paid in March 2017 in the amount of P72,000. What is the duration of the loan?

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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