Diana took out a school loan for P524 000. The interestrate on the loan was 5%. Diana paid offjustthe loan in5 years. How much did she pay altogether?A. P131,000B. P393,000C. P423,000D. P655,000

Given data: Loan amount = 524000 Interest = 5% Paid off after 5 years

Answered: How much did she pay altogether?

Engineering

Civil Engineering

How much did she pay altogether?

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Question

Diana took out a school loan for P524 000. The interest
rate on the loan was 5%. Diana paid off
just
the loan in
5 years. How much did she pay altogether?
A. P131,000
B. P393,000
C. P423,000
D. P655,000

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