9. Benjie has P15,000.00 invested in a cooperative that pays a 6% yearly interest. In how
many years will his investment earn P6,300,00?
a. 5 years
b. 6 years
c. 7 years
d. 8 years
many years will his investment earn P6,300,00?
a. 5 years
b. 6 years
c. 7 years
d. 8 years
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Answer:
C. 7 years
Step-by-step explanation:
15,000 × 0.06= 900
6,300 ÷ 900= 7