5. Mr. Manalac invested P 100,000.00 to a certain business which earns P 20,000.00 every 2 months for 10 years, and at the end of 10 years he will receive his P 100,000.00 investment. Compute the simple rate on the investment per year. 6. The buyer of a set of computer was offered the options of paying P 35,000.00 cash or P 40,000.00 at the end of 2 months. If the buyer agrees to pay at the end of two months, at what rate is he paying simple interest?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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PLEASE ANSWER THESE 2 QUESTIONS. THANKYOU BARTLEBY.

5. Mr. Manalac invested P 100,000.00 to a certain business which earns P 20,000.00 every 2 months for 10 years, and at the end of 10 years he will receive his P 100,000.00 investment. Compute the simple rate on the investment per year.

6. The buyer of a set of computer was offered the options of paying P 35,000.00 cash or P 40,000.00 at the end of 2 months. If the buyer agrees to pay at the end of two months, at what rate is he paying simple interest?

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