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Diagnostic Test
6. I invest P1 000 now at 12% simple interest. How much will I have at the end of 7 months with
this investment?
A. P930 B. P934.58 C. P1 070 D. P1 075.27
7. I want to have P1 000 at the end of 7 months. How much should I invest now at 12% simple
interest?
A. P930 B. P934.58 C. P1 070 D. P1 075.27
____1. Change 0.35 to a reduced fraction.
7 35 1 35
A. B. C. D.
20 10 2 100