Activity 8: Simple Interest
Jayvee opens a savings account in Land bank where the money
carn 5% interest per year. If he has PhP 7,500.00 in his account,
how much interest will the money earn in a year?
Jayvee opens a savings account in Land bank where the money
carn 5% interest per year. If he has PhP 7,500.00 in his account,
how much interest will the money earn in a year?
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Answer:
Jayvee earned 375 pesos in a year