Urgent, please answer the question below. This is how you answer the problem, (a) Identify the given  (b)Identify the unknown or what is being asked in the problem (c)Solution, include the formula used to solve the problem

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Urgent, please answer the question below.
This is how you answer the problem,
(a) Identify the given 
(b)Identify the unknown or what is being asked in the problem
(c)Solution, include the formula used to solve the problem
(d)box the final answer

 

E6. Determine the exact simple interest on P20,000 for the period from January 15 to November 19, 2012 if the rate
of simple interest is 5%.
Transcribed Image Text:E6. Determine the exact simple interest on P20,000 for the period from January 15 to November 19, 2012 if the rate of simple interest is 5%.
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