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Ask someone borrowing from a five-six ( Bumbay ) money lender. How much will be charged if you want to loan P 5,000.00, 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? munctions above
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charged if you want to loan P 5,000.00, 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?
munctions above