1. Mr. Cruz borrowed P110,000 at 5% simple interest to pay as down payment for a house and lot. If he was able to pay 6 month, how much in all did he pay?
1. Mr. Cruz borrowed P110,000 at 5% simple interest to pay as down payment for a house and lot. If he was able to pay 6 month, how much in all did he pay?
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:Solve the following Interest related problems. Complete Solutiony
1. Mr. Cruz borrowed P110,000 at 5% simple interest to pay as down payment
for a house and lot. If he was able to pay 6 month, how much in all did he
pay?
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