coach bernard borrowed money from his friend t 8% siple interest. if he paid an interest of p480.00 after 18 months, how muh money did he borrow? UPS
WHOEVER ANSWER THIS ALL AND ALL CORRECT I WILL MARK AS BRAIIEST!
WHOEVER ANSWER THIS ALL AND ALL CORRECT I WILL MARK AS BRAIIEST!
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Answer:
691 PESOS AND 2 CENTAVOS
Step-by-step explanation:
PRINCIPAL = 480 PESOS
RATE = 8% OR 0.08%
TIME = 18 MONTHS
480 PESOS × 0.08% = 38 PESOS AND 4 CENTAVOS
38 PESOS AND 4 CENTAVOS × 18 MONTHS = 691 PESOS AND 2 CENTAVOS