Close Menu
Login
(Sponsored by Sir Tauqeer)
Join Sir Tauqeer Whatsaap group
(Sponsored by Sir Tauqeer)
Join Sir Tauqeer Whatsaap group
(Sponsored by Sir Tauqeer)
Join Sir Tauqeer Whatsaap group
By Engineering Economy No Comments

A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually?

A. 11.50 %
B. 11.75 %
C. 11.95 %
D. 12.32 %

Advertisement
Advertisement
Share.
Leave A Reply

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The reCAPTCHA verification period has expired. Please reload the page.