Simple discount rate

B

Blake corey

New member
Joined
Feb 9, 2020
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16
Carl receives Php39. 750 today, (Feb 19, 2020). He borrowed Php54, 750 from Mark. If Mark charge him a simple discount rate of 8.88%. when would Carl pay him back?


What kind simple discount formula do i need to use for this to pay him back?

Thanks.
 
You should know after a dozen posts that if you show no work then you get no help.
 
Sadly, jomo, you are wrong. Helpers here (see lookagain's post for an egregious example) have come close to just giving answers in Blake's previous posts. Thus, his expectations are quite reasonable. Quite a few of his posts effectively say, given the context, "thank you for doing my work for me."
 
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