Calculate the amount of simple interest in pesos, earned on the following principal amounts at the rate and term given. Principal: 1000.00 Php Rate: 2.50% per annum Term: 1 year (Write your answer in four (4) significant digits with no monetary units). Answer: Blank 1

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Q: Calculate

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Q: Calculate the amount of simple interest in pesos, earned on the following principal amounts at the…

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