cristina borrowed money from the bank to put a small business. She borrowed 15,000 pesos and plans to pay it after 4 years. If the bank charges 9% interest per yearz how much is the interest after 4 years. If the bank charges 5 interest per year, how much is the interest after 4 years? How much will she pay after 4 years?
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= if the bank charges 9% per year then the interest after 4 years will be P5,400
= but if the bank charge 5% per year then the interest after 4 years will be P3,000
= if the interest is 9% then she will pay P19,400 after 4 years but if the interest is 5% then she will pay P18,000 after 4 years...
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