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term of the note, he paid an interest of P225. What was the date of maturity of the note? 2) A principal was borrowed at
term of the note, he paid an interest of P225. What was the date of maturity of the note? 2) A principal was borrowed at 6 and the amount of P5,812.50 was paid at the end of 2 years. Find the interest and the original amount borrowed. 3) A non-interest bearing 60-day note was discounted at a bank at 12% for 30 days and the bank deducted P50 as the bank discount. Find the face value of the note and the proceeds
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