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misseylaLv10
10 Jul 2022
A man borrows money from a bank which uses a simple discount rate of 14%. He signs a promissory note promising to pay P500.00 per month at the end of 4th, 6th, and 7th month respectively. Determine the amount of money that he received from the bank
A man borrows money from a bank which uses a simple discount rate of 14%. He signs a promissory note promising to pay P500.00 per month at the end of 4th, 6th, and 7th month respectively. Determine the amount of money that he received from the bank
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evangelistaLv10
12 Nov 2023
Read by 1 person
Read by 1 person
Read by 1 person
Read by 1 person