10. Mimi loaned Marcos some money at the rate of 6% interests per year. When Marcos
paid back the loan at the end of 4 years, he had to pay a $15,000.00 interest. How much
money did he borrow?
a. P26,500.00 b. P65,200.00 c. P6,250.00 d. P62,500.00​