22. A man borrowed P300,000 from a bank and agreed to pay the loan at the end of the months. The bank discount the loan and give him P215 000. What is the rate of discount? a. 20.67% O b.16.67% c.28.33% O d. 30%

22. A man borrowed P300,000 from a bank and agreed to pay the loan at the end of the months. The bank discount the loan and give him P215 000. What is the rate of discount? a. 20.67% O b.16.67% c.28.33% O d. 30%

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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Concept explainers

Buckling of columns

The column is described as a vertical member of the structure that carries an axial compressive load, and buckling is a lateral deformation of the column under the application of load.

Question

Provide a complete solution and answer for the given problem in the attached image.

22. A man borrowed P300,000 from a bank and agreed to pay the loan at the end *
of the months.
The bank discount the loan and give him P215 000. What is the rate of discount?
a. 20.67%
b.16.67%
c.28.33%
d. 30%

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