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LoginYou borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?
Question Bank Civil Engineering 1 year ago
Option 1 : P 62.44
Option 2 : P44.55
Option 3 : P54.66
Option 4 : P37.56
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Naushad Malik![Tuteehub forum best answer]()
Best Answer
1 year ago
P37.56Click Here For More