sum of money as pirthday present. She decided to inw said amount on 20% exact simple ir f the account vill mature on Christmas day at an of P10,000.00, how much did Nicole eceive from her al
sum of money as pirthday present. She decided to inw said amount on 20% exact simple ir f the account vill mature on Christmas day at an of P10,000.00, how much did Nicole eceive from her al
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:5:58 A
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On her recent birthday, April 22, 2001,
Nicole was given by her mother a certain
sum of money as
birthday present. She decided to invest the
said amount on 20% exact simple interest.
If the account
will mature on Christmas day at an amount
of P10,000.00, how much did Nicole
receive from her
mother on her birthday?
1/1
ET
T
17
II
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