find the simple interest.
4) principal amount: ₱8,000.00
rate: 1%
time: 1 year
5) principal amount: ₱12,000.00
rate: 2%
time: 2 years
with solution pls
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find the simple interest.
4) principal amount: ₱8,000.00
rate: 1%
time: 1 year
5) principal amount: ₱12,000.00
rate: 2%
time: 2 years
with solution pls
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Answer:
4 160 5 480
Step-by-step explanation:
4. convert 1% to decimal 0.01 then multiply from 8000 then indecate the decimal places lastly multiply to the number of years
5. convert 2% to decimal 0.02 then multiply from 12000 then indecate the decimal places lastly multiply by the number of years