Alex deposited ₱1800 in a bank on 19th December 1989 and withdrew on 19th June 1990. Find the interest earned by him at simple interest of 8% per annum. A. P70 B. P144 C. P720 D. P72 Thank you in advance.
Alex deposited ₱1800 in a bank on 19th December 1989 and withdrew on 19th June 1990. Find the interest earned by him at simple interest of 8% per annum. A. P70 B. P144 C. P720 D. P72 Thank you in advance.
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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Alex deposited ₱1800 in a bank on 19th December 1989 and withdrew on 19th June 1990. Find the interest earned by him at simple interest of 8% per annum.
A. P70
B. P144
C. P720
D. P72
Thank you in advance.
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