Annie buys a television set from a merchant who ask P1, 250 at the end of 60 days. Annie wishes to pay immediately and the merchant offers to compute the cash price on the assumption that money is...


Annie buys a television set from a<br>merchant who ask P1, 250 at the end of<br>60 days. Annie wishes to pay<br>immediately and the merchant offers to<br>compute the cash price on the<br>assumption that money is worth 8 %<br>simple interest. What is the cash price.<br>

Extracted text: Annie buys a television set from a merchant who ask P1, 250 at the end of 60 days. Annie wishes to pay immediately and the merchant offers to compute the cash price on the assumption that money is worth 8 % simple interest. What is the cash price.

Jun 06, 2022
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