F = Php23,500 and d = 7%. Find the proceeds of this 2-year loan

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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F = Php23,500 and d = 7%. Find the proceeds of this 2-year loan.

 

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