Question:

Determine the simple interest rate if an investment of

Last updated: 8/7/2022

Determine the simple interest rate if an investment of

Determine the simple interest rate if an investment of Php65,000.00 accumulates to Php100,000.00 in 45 months. Round off answer to two decimals. A) 12.17% B) 12.18% C) 14.35% D) 14.36%