_ Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the ‚Äö√Ñ√∫banker‚Äö√Ñ√¥s discount‚Äö√Ñ√π.$?

_ Miss Evilla borrowed money from a bank. She receives from the bank P

1.	_ Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the ‚Äö√Ñ√∫banker‚Äö√Ñ√¥s discount‚Äö√Ñ√π.$?
A.	13.15 %
B.	13.32 %
C.	13.46 %
D.	13.73 %
Answer» E.

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_ Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the ‚Äö√Ñ√∫banker‚Äö√Ñ√¥s discount‚Äö√Ñ√π.$?

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