974,297.37 Aldrine borrowed P175,000.00 from Alliance Financing Company at 8 % % 1 pa simple interest. For how long will he pay a final amount of P200,500.00? Express your answer in terms of years, months and days. O 1 year, 3 months and 7 days O 2 years, 11 months and 3 days O 1 year, 9 months and 6 dayS O 2 years, 3 months and 2 days

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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974,297.37
Aldrine borrowed P175,000.00 from Alliance Financing Company at 8 4 % 1p
simple interest For how long will he pay a final amount of P200,500.00?
Express your answer in terms of years, months and days.
O 1 year, 3 months and 7 days
O 2 years, 11 months and 3 days
0 1 year, 9 months and 6 days
2 years, 3 months and 2 days
At what point on the x-axis will the inequality 5y-3s2y-4 pass through?
Transcribed Image Text:974,297.37 Aldrine borrowed P175,000.00 from Alliance Financing Company at 8 4 % 1p simple interest For how long will he pay a final amount of P200,500.00? Express your answer in terms of years, months and days. O 1 year, 3 months and 7 days O 2 years, 11 months and 3 days 0 1 year, 9 months and 6 days 2 years, 3 months and 2 days At what point on the x-axis will the inequality 5y-3s2y-4 pass through?
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