Ask your own question, for FREE!
Mathematics 13 Online
OpenStudy (anonymous):

An ordinary simple interest rate 8.5% per year is applied on a P50 000.00 loan made on July 01, 2005. Find the lump sum interest to be paid on the loan on June 05, 2012.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!