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The exact simple interest of P5 000 invested from June 21...

This question belongs to Civil Engineering Engineering Economics
Engineering Economics
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The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

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Correct Answer: Option A
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Mostafa Ahmed
Mostafa Ahmed 6 years ago
The exact simple interest of $5,000 invested from June 21, 1995 to December 25, 1995 is $100. What is the rate of interest?
Mostafa Ahmed
Mostafa Ahmed 6 years ago
How did you calculate it?
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