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Michelle deposits P1o,000 in an account that eams 8% simple interest. How long will it take for the total amount in her account to reach P12,00o?+ is the equivalent of 30% in decimal form? O 2.3 years O 2.4 years O 2.5 years O 2.6 years SLIDESMANIA.COM

Michelle deposits P1o,000 in an account that eams 8% simple interest. How long will it take for the total amount in her account to reach P12,00o?+ is the equivalent of 30% in decimal form? O 2.3 years O 2.4 years O 2.5 years O 2.6 years SLIDESMANIA.COM

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Michelle deposits P1o,000 in an account that eams 8% simple interest. Houw long will it take for the total amount in her account to reach P12,00o?tisthe equivalent of 30% in decimal form? O 2.3 years O 2.4 years O 2.5 years 2.6 years SLIDESMANIA.COM
Transcribed Image Text:Michelle deposits P1o,000 in an account that eams 8% simple interest. Houw long will it take for the total amount in her account to reach P12,00o?tisthe equivalent of 30% in decimal form? O 2.3 years O 2.4 years O 2.5 years 2.6 years SLIDESMANIA.COM
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