BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Mr. Rivera wanted to start an online business on a loan of P 1000, 000.00. How much interest will he have to be pay on a loan for two years at a simple interest rate of 6.5% per year?
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₱10, 000.00
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₱11, 000.00
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₱12, 000.00
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₱13, 000.00
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Explanation:
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