Answer:
Step-by-step explanation:
A = final amount = ?
P = initial amount = 21,000
R = rate of interest = 1.35% = 0.0135
T = time in years = 2 years
For Interest:
Interest = A - P
Interest = 21,567 - 21,000
Interest = 567
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Verified answer
Answer:
Php. 567.00
Step-by-step explanation:
A = final amount = ?
P = initial amount = 21,000
R = rate of interest = 1.35% = 0.0135
T = time in years = 2 years
For Interest:
Interest = A - P
Interest = 21,567 - 21,000
Interest = 567
Interest is Php. 567. 00
#CarryOnLearning
Stay safe and God bless you!