How much interest is earned at 2-% if an amount of P10,500 was invested on October 3, 2021 and will mature on June 3, 2022? 2 A) P10,675 B P174.76 P1,750 P175 D

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
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How much interest is earned at 2-% if an amount of P10,500 was invested on October 3, 2021 and will mature on June 3, 2022?
A P10,675
B
P174.76
(C) P1,750
D P175
Transcribed Image Text:1 How much interest is earned at 2-% if an amount of P10,500 was invested on October 3, 2021 and will mature on June 3, 2022? A P10,675 B P174.76 (C) P1,750 D P175
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