Question
A man borrowed some money from a private at 5 % simple interest per annum. He landed this money to another person at 10% compound
A man borrowed some money from a private at 5 % simple interest per annum. He landed this money to another person at 10% compound interest per annum, and made a profit of Php 26051 in 4 years. How much he borrowed?
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
