Question
If an entrepreneur applies for a loan amounting to Php. 500, 000 in a bank. The simple interest of which is Php. 157, 500 for
If an entrepreneur applies for a loan amounting to Php. 500, 000 in a bank. The simple interest of which is Php. 157, 500 for years, what interest rate is being charged?
Mr. Bautista aims to have his investment grow to Php. 500.000 in 4 years. How much should he invest in account that pays 5% compound annually.
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
