If P20,000 is borrowed for 200 days at 12% per annum simple interest. How much will be due at the end of 200 days? O a. P21,323.33 O b. P21,332.33 O c. P21,333.33 O d. P21,233.33
If P20,000 is borrowed for 200 days at 12% per annum simple interest. How much will be due at the end of 200 days? O a. P21,323.33 O b. P21,332.33 O c. P21,333.33 O d. P21,233.33
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:If P20,000 is borrowed for 200 days at 12% per annum simple interest. How much will be due at the end of 200 days?
O a. P21,323.33
O b.
P21,332.33
О с.
P21,333.33
O d P21,233.33
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