Question
1) Mr. Ang's money became Php165,000 @ the end of 10 months. If the bank pays 12% annually, how much was his money @
1) Mr. Ang's money became Php165,000 @ the end of 10 months. If the bank pays 12% annually, how much was his money @ the start? 2) Mr. So borrowed Php200,000 from a cooperative that charges 15% yearly. He used the loan to start his food stand business. How much will he pay for the loan after 18 months?
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Financial Accounting Information For Decisions
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