SOLUTION: A casette recorder for P5,600 is to be paid by equal installments for one year. If the rate of interest is 20% simple interest per annum, how much is the monthly installment?
Algebra ->
Linear-equations
-> SOLUTION: A casette recorder for P5,600 is to be paid by equal installments for one year. If the rate of interest is 20% simple interest per annum, how much is the monthly installment?
Log On
Question 1190417: A casette recorder for P5,600 is to be paid by equal installments for one year. If the rate of interest is 20% simple interest per annum, how much is the monthly installment? Answer by ikleyn(52788) (Show Source):
You can put this solution on YOUR website! .
A casette recorder for P5,600 is to be paid by equal installments for one year.
If the rate of interest is 20% simple interest per annum, how much is the monthly installment?
~~~~~~~~~~~~~~~~