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A man borrows PhP 5 500 for 3 years at a rate of 8% per annum. How much simple interest does he need to pay at the end of 3 yearsJames invests 15,000 at 10% simple interest for 3 years. How much interest did James earn over the 3 years?what sum would accumulate to \5,250 in 8 years at 9% simple interesthow long will an amount of Php 20000 earn a simple interest of Php 3000 if the interest rate is 6% per yearPamela invested ₱20,000 at 8% simple interest for 10 years. How much is the interest earned by Pamela in 10 years?