2427Civil EngineeringMedium
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?
A9.14 %
B9.41 %
C9.01 %
D9.31 %
Correct answer
A. 9.14 %
Explanation
The correct answer is 9.14 %.
Correct answer
A. 9.14 %
Explanation
The correct answer is 9.14 %.
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