document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1128755>Question 1128755</A>: <I><SPAN STYLE=\"word-break: break-all;\"> At what rate must 60,000 pesos ne invested to earn 3,600 pesos in 120 days?  </SPAN>\n" );
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document.write( "3600 is 6% of 60,000.<br><BR>\n" );
document.write( "If you are using a 360-day year, then 120 days is 1/3 of a year; the required (yearly) interest rate would be 3*6% = 18%.<br><BR>\n" );
document.write( "If you are using a 365-day year, then the required interest rate would be 6% multiplied by 120/365. </SPAN>\n" );
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