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how 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?Jeff takes out a \dollar1,200 loan for five years with an interest rate of 8%. How much interest will be due at the end of five years?if linda paid php 980 in interest at 0.14 for 2 years how much did she borrowedNick put \dollar600 in an investment and after two years received \dollar840. What was the interest rate?