A. Compute for the simple interest given the Principal, interest rate, and term 1. P = Php10,000 2. P = Php500,000 t = 5 t = 10 r= 4.5% r = 15%
A. Compute for the simple interest given the Principal, interest rate, and term 1. P = Php10,000 2. P = Php500,000 t = 5 t = 10 r= 4.5% r = 15%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![A. Compute for the simple interest given the Principal, interest rate, and
term
t = 5
1. P= Php10,000
2. P = Php500,000
P =
r = 4.5%
r= 15%
t = 10
%3D](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F141d85bf-3850-452f-a2e3-22532e313247%2F7715e7bd-cac9-4ff7-acff-3ffb2522ae4e%2Fmkwkl6_processed.png&w=3840&q=75)
Transcribed Image Text:A. Compute for the simple interest given the Principal, interest rate, and
term
t = 5
1. P= Php10,000
2. P = Php500,000
P =
r = 4.5%
r= 15%
t = 10
%3D
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