How much interest will ₱5,000 earn if the the rate is 2%​

Sagot :

Answer:

10,000

Step-by-step explanation:

Answer:

Alternately, we can convert 2% directly to a decimal:

tex_smallsize (percent(2) = 0.02)  Explain

Then, doing the calculation by hand or with a calculator, we find

2% of 5000 = 0.02 x 5000 = 100.0

So the final answer is

2% of 5000=100.0