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2015-05-04T19:42:03+08:00

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If you are asking for the Interest then this is the solution

Interest= Principal*Rate*Time

The Principal in this problem is P759,000
And the rate is 8.5%

Interest=759,000* \frac{8.5}{100} *1 \\ =759,000* \frac{85}{1000}  \\ =759*85 \\ =64515

Therefore, you have an interest of P64,515 per year
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