Find the ordinary interest on P 25 000 at 3.25% simpleinterest for 75 days.A. P 165. 27B. P 167. 27C. P 169. 27Answer:What is the simple discount rate if the proceed is P 75000 from a loan of P 100 000 payable in 5 years?A. 5%B. 5.5 %С. 6%Answer:How much should be invested today in a fund that pays 41/2 % simple interest in order to have P 150 000 in 4 years?A. P127 118.64B. P125 118.64C. P123 118.64Answer:

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Description: Find the ordinary interest on P 25 000 at 3.25% simpleinterest for 75 days.A. P 165. 27B. P 167. 27C. P 169. 27Answer:What is the simple discount rate if the proceed is P 75000 from a loan of P 100 000 payable in 5 years?A. 5%B. 5.5 %С. 6%Answer:How

In simple interest we need not to pay interest on interest.That is their will be no compounding.…

Answered: Find the ordinary interest on P 25 000…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Find the ordinary interest on P 25 000 at 3.25% simple interest for 75 days. A. P 165. 27 B. P 167. 27 C. P 169. 27