PLEASE ANSWER THESE 2 QUESTIONS. THANKYOU BARTLEBY.
9. A bank loan of P 2,000.00 was made at 8% simple interest. How long would it take in years for the amount of the loan and interest to be equal to P 3,280.00?
10. The loan was made 3 years and 4 months at 6% simple interest. The principal interest amount of the loan has just been repaid along with P 800.00 interest. Compute the amount of the original loan.
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