Gerald is penniless, so he decided to borrow some money from his friends and tell them that he will pay them double on the next day. His best friend just gave him P 20, John let him borrow P 50 and Randulf lend him P 100. Determine his total debt.
Gerald is penniless, so he decided to borrow some money from his friends and tell them that he will pay them double on the next day. His best friend just gave him P 20, John let him borrow P 50 and Randulf lend him P 100. Determine his total debt.
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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Gerald is penniless, so he decided to borrow some money from his friends and tell them that he will pay them double on the next day. His best friend just gave him P 20, John let him borrow P 50 and Randulf lend him P 100. Determine his total debt.
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