Ask someone borrowing from a five-six (Bumbay ) money lender. How much will be charged if you want to loan P5,000.00, payable in one year? Determine the interest rate per period and the annual interest rate. Is it a good loan term? Why or why not? Submit on a long bond paper an essay containing your answer on the questions above. You should note that the computation must be included in the front page of your paper. Then essay must consist of at least 5 sentences and a maximum of 10 sentences on why you must chose your answer. Justify your answer with the computations you had and your own personal reasons. Below is the rubrics so that you are guided in this activity.​

Pahelp please​