Question

You borrowed ₱15,000.00 from your parents to buy a new video game, and they set an interest rate of 15% per month. How much interest do you owe in one month?

Answer 1

Answer:2250

Explanation:

All we need to do is multiply 15,000 by 15% also known as 0.15 as a decimal.

15,000 X 0.15 = 2250

Answer: 2250