Answers

2014-12-02T18:31:54+08:00
The solution for this will be:
P3,500.00 x 0.04 = P140.00
Then,
P4,200.00 / P140.00 = 30 years :)

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2014-12-02T21:44:58+08:00
1/2 of a year because 4% of 3500 is 1 400 since 3500+1400=4900 not in the direct answer to the problem then half of it is 2% and 2 percent 3500 is 700 so 3500+700=4200

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