Find the exact simple interest on P 1, 000.00 which was deposited on January 8, 1990 and to be withdrawn on October 8, 1992 if interest is 10%. Given: Required: Solution:
Find the exact simple interest on P 1, 000.00 which was deposited on January 8, 1990 and to be withdrawn on October 8, 1992 if interest is 10%. Given: Required: Solution:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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5. Find the exact simple interest on P 1, 000.00 which was deposited on January 8, 1990 and to be
withdrawn on October 8, 1992 if interest is 10%.
Given:
Required:
Solution:
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