Flynn Owen
11/05/2024 · Senior High School
A group of I-CCSAD students invested P40,000 in a bond that earns \( 7 \% \) simple interest per year. How long will it take their investment to grow to \( \mathrm{P} 51,200 \) ?
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It will take 4 years for the investment to grow to P51,200.
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