ellamarie4738 ellamarie4738
  • 10-07-2020
  • Business
contestada

1. What is the maturity value of P12,500 if it is invested at 15% simple interest for 250 days using ordinary interest?

Respuesta :

ewomazinoade ewomazinoade
  • 12-07-2020

Answer:

$13,784.25

Explanation:

Simple interest = P x R x T

(P12,500 x 15 × 250) / 100 × 365 = $1284.25

Value = $1284.25 + P12,500 = $13,784.25

I hope my answer helps you

Answer Link

Otras preguntas

x plus three and one sixth equals one and five sixths
Use a table to find two consecutive integers between which the solution lies. 4k-13=12                                         24.1=15q-32.5
How do you find the absolute value of 12-pi
Subtracting a number from 30 gives the same result as adding the number to 18. What is the number?
should video gamers be prosecuted for stealing virtual objects ?
If 2x-6 is an even integer, what is the next consecutive even integer
how to identify the factors in the expression 6(x+5)
should video gamers be prosecuted for stealing virtual objects ?
Find the solution of each equation using mental math or a table.  If the solution lies between two consecutive integers, identify these integers2.2-2n=12.2
When  liquids are exposed to air, they what??