How much is the interest that will be paid on a P25,000 loan that was made on May 1, 2002 and repaid o August 1, 2005 with exact simple interest at 8% per year.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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How much is the interest that will be paid on a P25,000 loan that was made on May 1, 2002 and repaid on
August 1, 2005 with exact simple interest at 8% per year.
Transcribed Image Text:How much is the interest that will be paid on a P25,000 loan that was made on May 1, 2002 and repaid on August 1, 2005 with exact simple interest at 8% per year.
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