25. If you got a character loan of P10,000 from a bank with 18% interest per annum, how much interest would have paid in one year? O a.P1 800 b.P18 000 c.P900 O d.P180

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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25. If you got a character loan of P10,000 from a bank with 18% interest per
annum, how much
interest would have paid in one year?
a.P1 800
b.P18 000
c.P900
d.P180
Transcribed Image Text:25. If you got a character loan of P10,000 from a bank with 18% interest per annum, how much interest would have paid in one year? a.P1 800 b.P18 000 c.P900 d.P180
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