5:58 A( TitleGive SolutionOn her recent birthday, April 22, 2001,Nicole was given by her mother a certainsum of money asbirthday present. She decided to invest thesaid amount on 20% exact simple interest.If the accountwill mature on Christmas day at an amountof P10,000.00, how much did Nicolereceive from hermother on her birthday?1/1ETT17II

Answered: sum of money as pirthday present. She…

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

5:58 A
( Title
Give Solution
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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