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Solve the problem Suppose you have savings. Your friend approached you and asked if you can lend him P10,000.00 for his tuition fee payment. He

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Suppose you have savings. Your friend approached you and asked if you can lend him P10,000.00 for his tuition fee payment. He said he is willing to pay 5% interest per annum payable in 6 months. You agreed with the terms. How much interest should your friend pay you after 6 months? How much is the total amount you should receive after 6 months

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