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- The mother opened the door as her eldest daughter came home.Her daughter is smiling widely as she enter the door like she has a good news to tell to her mother.
- Oh! Hello darling, you came home early today, huh.
- Yes mom, because I have good news to tell. Come on, let's talk
- So mom, you already know that I have savings at the bank, right?
- Yes I know that.
- I want to invest my money mom. I already have a reliable company to invest my money. Also, I’ve already read some articles about them and they are one of the highest rank among the investment companies here in Davao City..
- Are you sure that you can trust that company? Because I’ve also heard some humors that there are new investment nowadays and it came out that the people was scammed.
- You have nothing to worry mom. So, I will invest 50,000 that will arise 10% annually for 3 years.
- So how much will be the simple interest?
- As I computed it earlier by multiplying the principal value, interest rate and the time, the total simple interest will be 15,000 pesos.
- Hmm. That's good to hear then. I will agree whatever your decision is, as long as it is safe. Go to your room now and change , we will have our dinner later on.
- I am so thankful that I still have my savings and I love how my mother agreed with my decision.
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