Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
14 and 16
![16. How much is expected to received from
a loan of P800.00 which is payable at once if
the discount is 5%?
730.00
760.00
675.00
840.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fda1d485b-09dc-49ec-b8e0-482f5265c91d%2F153b76c1-ceb4-4def-9748-1c7baf572b9a%2Forz739m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:16. How much is expected to received from
a loan of P800.00 which is payable at once if
the discount is 5%?
730.00
760.00
675.00
840.00
![14. How long in years would it take P6,000
to become P10,000 if placed in a time
deposit which gives 4% compounded
quarterly?
12.83
11.45
10
12](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fda1d485b-09dc-49ec-b8e0-482f5265c91d%2F153b76c1-ceb4-4def-9748-1c7baf572b9a%2Fiorqms2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:14. How long in years would it take P6,000
to become P10,000 if placed in a time
deposit which gives 4% compounded
quarterly?
12.83
11.45
10
12
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