Question #77511

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?

Options:

A) 11.50 %

B) 11.75 %

C) 11.95 %

D) 12.32 %

Answer: 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 11.75 %.

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Question #77511

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?

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Question #77511

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?

Options:

Civil Engineering Related Questions

Category

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