Luke invested his money in the stock market worth ₱500,000 and earns about 5% yearly.
Question
Solution 1
Sure, but you haven't asked a question yet. Are you asking how much Luke will earn in a year? If so, here's the answer:
To calculate how much Luke will earn in a year, you need to multiply his investment by the yearly interest rate.
Step 1: Convert the interest rate from a percentage to a decimal. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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