B. A certain farmer borrowed money from a lending institution amounting to 50,000 pesos
with an interest of 3% per month and he is going to pay after one year.
1. How much is he going to pay to the lending institution after one year?
please answer my question correctly please po
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Answer:
1500
Step-by-step explanation:
50000/x=100/3
(50000/x)*x=(100/3)*x
we multiply both sides of the
equation by X
50000-33.3333333333*x
we divide both sides of the
equation by (33.3333333333)
to getx
50000/33.3333333333=x
1500-x
x=1500
now we have:
3% of 50000 - 1500✨
✨