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Show Detailed Solution 5. Engr. Trinidad loans from a loan rm an amount of P100000 with a rate of simple interest of 20% but the

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5. Engr. Trinidad loans from a loan rm an amount of P100000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100000. what is the actual rate of interest? - A. 23.5 % - B. 24.7 % - C. 25.0 % - D. 25.8 % 6. A loan of P5,000 is made for a period of 15 months. at a simple interest rate of 15%, what future amount is due at the end of the loan period? . A- 593750 - B. 5,873.20 - C. 5,712.40 - D. 5,690.12

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