C. Mang Canor had some problems related to his business. After 3 months, he borrowed P20,000 from a neighbor. His neighbor is charging 10% in compounded interest (5-6) scheme compounded every 6 months for a year. How much interest does he have to pay every quarter? How much does he have to give back to his neighbor at the end of the term? Interest to pay in the… First quarter Second quarter Third quarter Fourth quarter

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C. Mang Canor had some problems related to his business. After 3 months, he borrowed P20,000 from a neighbor. His neighbor is charging 10% in compounded interest (5-6) scheme compounded every 6 months for a year. How much interest does he have to pay every quarter? How much does he have to give back to his neighbor at the end of the term? Interest to pay in the… First quarter Second quarter Third quarter Fourth quarter​

Answer:

he collect 4% percent every moth

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