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2. Amy borrowed Php45500 on March 3, 2021. if the 10% interest rate was deducted in advance and she received Php40000, when she will pay the loan?

2. Amy borrowed Php45500 on March 3, 2021. if the 10% interest rate was deducted in advance and she received Php40000, when she will pay the loan?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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2. Amy borrowed Php45500 on March 3, 2021. if the 10% interest rate was deducted in advance and she received Php40000, when she will pay the loan?
Transcribed Image Text:2. Amy borrowed Php45500 on March 3, 2021. if the 10% interest rate was deducted in advance and she received Php40000, when she will pay the loan?
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