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  •  I need to have a investment of money so that I can support my son's needs. But how?
  • Hi John! How are you?
  • Hello Belle! I'm fine. How about you and your family?
  • I'm fine John but right now I need to have an investment of money to support my son but I don't know how
  • I can help you Belle! You can borrow money from me but it should have an interest. So I can help you, and you can help me too!
  • So after I'll borrow your money, what's next?
  • After that, you can build your own store! Sari-sari store! That's a big source of investment.
  • That's great idea John. Thanks for your help but is it okay that I will borrow P50,000 and I'll pay it for 5 months?
  • Your welcome. Oh sure, but if that's the case there's a 10% interest per month. 
  • So if you let me borrow 50,000 and I will pay it for 5 months and there's a 10% interest every month. How much should I pay you in every month?
  • 10% of 50,000 is 5,000. Without an interest every month you should give me 10,000 but if we add the interest then you should give me 15,000 per month.
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