6. Xander invested P35.000.00 in a savings account that pays 4% simple interest. How much will he eam after 3 years? What will the new balance be? 7. Two cars leave a town and travel in opposite directions. One car travels at the rate of 45 kph, and the other at 55 kph. In how many hours will the two cars be 350 kilometers apart?

6. Xander invested P35.000.00 in a savings account that pays 4% simple interest. How much will he eam after 3 years? What will the new balance be? 7. Two cars leave a town and travel in opposite directions. One car travels at the rate of 45 kph, and the other at 55 kph. In how many hours will the two cars be 350 kilometers apart?

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

Problem 1PS

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