14. Mr. Santos opens a savings account in commercial bank where the money earns 1.5 interest per year. If he has PHP 10,500.00 in his savings account,how much interest will his money earn in 1 year?
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Answer:
157.5
Step-by-step explanation:
P=10,500
R=1.5%
T=1yr
I=10500*1.5*1/100=157.5
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