Determine the exact simple interest on P 5,000.00 for the period from June 10 2015 to November 21, 2020 if the rate of interest is 21% P5,730.41 O P5,722.01 O P5,733.61 P5,727.79
Determine the exact simple interest on P 5,000.00 for the period from June 10 2015 to November 21, 2020 if the rate of interest is 21% P5,730.41 O P5,722.01 O P5,733.61 P5,727.79
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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Transcribed Image Text:Determine the exact simple interest on P 5,000.00 for the period from June 10
2015 to November 21, 2020 if the rate of interest is 21%
O P5,730.41
P5,722.01
P5,733.61
O P5,727.79
A contractor can buy trucks for P950,000 each or rent them for P1,500 per
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