Question

michael borrowed from a loan a loan company with an amount of Php5,000 with an interest rate of 8% per annum.how much does he have to pay after 5 years?
a.php5,000
b.php6,000
c.php7,000
d.php8,000​

Answer 1

Answer:

i think b is the answer

Step-by-step explanation:

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Answer 2

Answer:

c. pho7000. c.php 7000.