2.) Mr. Ignacio paid a P1, 500 interests on P25, 000 that he borrowed for a period of 3 , months. What was the monthly rate of interest?
CMON this is my last question :(
CMON this is my last question :(
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Answer:
20%
Step-by-step explanation:
1,500 divided by 3 is 500
500 divided by 25,000 is 0.20
check
0.20x 25,000 =500
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