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1 vote
Chelsea borrowed P10,00 for 18 months at a rate of 10%.How much is the total amount due?​

User Arustgi
by
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1 Answer

3 votes

Answer:

11,536.89733 (rounded to 11,536.90)

Explanation:

10,000(1+0.1)^1.5

P(1+r)^t

P=Principal

r=rate

t=time(in years)

User Morne
by
3.9k points