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Find the amount still on maturity date

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Question - Discount problem: Sofia issued a promissory note for P290,000 at 7% simple interest, payable after 1 year and 6 months on July 1, 2020. Before due date, she made the following partial payments: P40,000 on October 1, 2020; P80,000 on February 1, 2021; and P200,000 on August 1, 2021. Find the amount still on maturity date.

Reference no: EM133055562

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