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How much will he need to pay after one year

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Question - What is the principal amount invested on July 6, 2019 will amount to P12,000 on December 12, 2019 if the rate is 9.5% and exact interest for the exact time is used?

Using approximate time, find the exact interest on P6,400 at 9 3⁄4 % from January 25, 2019 to February 20, 2021.

What is the principal amount invested on July 6, 2019 will amount to P12,000 on December 12, 2019 if the rate is 9.5% and ordinary interest for the approximate time is used?

An employee loans P800 from the labor union and promised to pay the amount in 1 year. How much will he need to pay after 1 year if the interest rate is 15%.

Reference no: EM133071354

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