question archive 1) A loan company charges P30 interest for a one-month loan of P1200
1) A loan company charges P30 interest for a one-month loan of P1200
Subject:AccountingPrice: Bought3
1) A loan company charges P30 interest for a one-month loan of P1200. Find the annual interest rate they are charging.
2. To buy a computer, Jewel borrowed P25,000 at 9% interest for 2 years. How much money did she have to pay back?
