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GET A PAPER AND PEN TRY THIS OUTI A very good friend borrowed money from you. You lent her P10,000 with the following conditions on charging one-time interest on the full amount: > 1% if she returns the money after a month. > 3 % if she returns it after 6 months > 5% if she returns it after 1 year. How much interest can you collect if your good friend pays you after 2 months ? After 2 years? How much interest can you collect if your good friend pays you after 2 months? After 2 years?

GET A PAPER AND PEN TRY THIS OUTI A very good friend borrowed money from you. You lent her P10,000 with the following conditions on charging one-time interest on the full amount: > 1% if she returns the money after a month. > 3 % if she returns it after 6 months > 5% if she returns it after 1 year. How much interest can you collect if your good friend pays you after 2 months ? After 2 years? How much interest can you collect if your good friend pays you after 2 months? After 2 years?

Elementary Algebra
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter1: Foundations
Section1.2: Use The Language Of Algebra
Problem 179E: Car insurance Justin’s car insurance has a $750 deductible per incident. This means that he pays...
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GET A PAPER AND PEN TRY THIS OUTI A very good friend borrowed money from you. You lent her P10,000 with the following conditions on charging one-time interest on the full amount: > 1% if she returns the money after a month. > 3 % if she returns it after 6 months > 5% if she returns it after 1 year. How much interest can you collect if your good friend pays you after 2 months ? After 2 years? How much interest can you collect if your good friend pays you after 2 months? After 2 years?
Transcribed Image Text:GET A PAPER AND PEN TRY THIS OUTI A very good friend borrowed money from you. You lent her P10,000 with the following conditions on charging one-time interest on the full amount: > 1% if she returns the money after a month. > 3 % if she returns it after 6 months > 5% if she returns it after 1 year. How much interest can you collect if your good friend pays you after 2 months ? After 2 years? How much interest can you collect if your good friend pays you after 2 months? After 2 years?
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