PLEASE ANSWER THESE 2 QUESTIONS. THANKYOU BARTLEBY.
11. What will be the future worth of money after 12 months, if the sum P25,000.00 is invested today at a simple interest rate of 1% per year?
12. If you borrowed P 10,000.00 from a bank with 8% interest per annum, what is the total amount to be repaid at the end of one year?
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