Mathematics Activity

What interest should be paid on January 13, 2016 for a loan of P16, 000.00 made on July 7, 2015 at 8% simple interest using Ordinary interest using actual time?

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What interest should be paid on January 13, 2016 for a loan of P16, 000.00 made on July 7, 2015 at 8% simple interest using Ordinary interest using approximate time?

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OFF

What interest should be paid on January 13, 2016 for a loan of P16, 000.00 made on July 7, 2015 at 8% simple interest using Exact interest using actual time?

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What interest should be paid on January 13, 2016 for a loan of P16, 000.00 made on July 7, 2015 at 8% simple interest using a. Exact interest using approximate time?

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Find the interest paid by Rodolfo on P75, 000.00 that he borrowed for 3 years at 12% simple interest.

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