Answer to Question #268535 in Financial Math for Ayana

Question #268535

How much interest will be added to Php75,000 at 2.25% due at the end of 9 months?

Expert's answer

"I=\\frac {PRT} {100}"

"I=\\frac {75,000\u00d72.25\u00d70.75}{100}"

"I=\\frac {126,562.5} {100}"

"I=Php1265.63"

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