Answered step by step
Verified Expert Solution
Question
1 Approved Answer
a deposit of Php 110,000 was made for 31 days. The net interest after deducting 20% withholding tax is Php 890.36. Find the rate of
a deposit of Php 110,000 was made for 31 days. The net interest after deducting 20% withholding tax is Php 890.36. Find the rate of return annually
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
