The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?
(A) 3.90 %
(B) 3.92 %
(C) 3.95 %
(D) 3.98 %
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?
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