1372. Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”? September 7, 2025 by Admin A. 13.15 % B. 13.32 % C. 13.46 % D. 13.73 % ✅ The correct answer is option D.
