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Michael's father had borrowed Php150.000 from the bank and the rate of interest was 5%. What would the simple interest be if the amount is

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Michael's father had borrowed Php150.000 from the bank and the rate of interest was 5%. What would the simple interest be if the amount is borrowed fer 1 year? Similarly, calculate the simple interest if the amount is borrowed for 20 months, 36 months. and 120 months

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