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At what rate of interest should Php18,000 be invested so that it will earn Php2,500 at the end of 504 days?
9 years ago

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Answered by Steve
at the rate of r per day, that would be

18000((1+r)^504 - 1) = 2500

assuming compound interest...
9 years ago
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At what rate of interest should Php18,000 be invested so that it will earn Php2,500 at the end of 504 days?

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