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Enabling 13: 1

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Enabling 13: 1. Determine the exact and ordinary interest on P15,800 at 12% from January 9, 2018 to June 24, of the same year using actual and approximate time. 2. Find the interest paid by Veronica on P35,000 that he borrowed for 2 years at 15% simple interest. 3. The repayment on a loan was P13,670. If the loan was for 15 months at 12% interest a year, how much was the principal? 4. How much final amount would Abraham receive if he invest P100,000 for 1 year and 3 months at 11% simple interest?