Mrs. Robredo wants to compare simple and compound interests on a P350,000 investment for 3 and 3 months years. (5pts) [a.] Find the interest if funds earn 6.5% simple interest. (5pts) [b.]Find the interest if funds earn 6.5% interest compounded annually. (10pts) [c.] Find the difference between the two interest.
this is my answer btw (in the picture)
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Answer:
350,000
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I really wish that's right and will help because I am not really sure
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Answer is 350000.
Hope it helps u dude!!
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