document.write( "Question 1198320: If Ms. Sarmiento is investing Php 200,000.00 with a simple interest rate of 3.5% for 8 years, how much will the money of Ms. Sarmiento be after 8 years? \n" ); document.write( "

Algebra.Com's Answer #831911 by ikleyn(52790) $\"\"$ $\"About$

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document.write( "Use the formula for the future value of the simple interest account\r\n" );
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document.write( "    future value = 200000*(1+0.035*8) = 200000*1.28 = 256000 Php.    ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar (and different) solved problems on simple interest accounts, look into the lesson\r
\n" ); document.write( "\n" ); document.write( " - Simple interest percentage problems \r
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\n" ); document.write( "\n" ); document.write( "Learn the subject from there.\r
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