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| If you borrow Php10,000, we would not give you the money totally. | |
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| Because we will get the 10% interest in advance for six months. | |
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| Okay sir. So how much will I get? | |
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| If I=Fdt, F=Php10000, d=10%, t=.5 then I=Php500. So, if F=P-I, Php10000-500, you;ll only get Php9500. | |
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