Examveda
Examveda

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. 5,937.50

B. 5,873.20

C. 5,712.40

D. 5,690.12

Answer: Option A


This Question Belongs to Civil Engineering >> Engineering Economics

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