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Banking and Finance
Loans and Debts
Promissory Notes
ninety days after the date stated aboeve, the undersigned promise to pay to the order of Mark Gutierrez, the principal sum of ten thousand five hundred pesos at 12% per annum payable at bank of pilipinas, manila
1 answer
P = Po + Po*r*t = 10,500 + 10,500*(0.12/360)*90 = 10,815 Pesos.
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