ment for his full load subjects. His friend, Richdin, has the same amount of money for the same purpose. However, their friend Dirich, after enrolling the same number of units revealed that he invested the remaining money to his aunt who would pay 5% interest per month for 5 months after paying the 20% down payment. He is planning to pay the balance at the end of the semester with 10% surcharge based on the unpaid balance. Assume that Dirich’s aunt is close to Richy and Richdin and trying to convince them to do the same like what Richdin did. 1. What would you recommend to Richy and Richdin? 2. Give two quantitative techniques you could utilize.
Richy has P50,000 cash for his tuition fee payment for one semester. The university requires only 20% down payment
for his full load subjects. His friend, Richdin, has the same amount of money for the same purpose. However, their friend
Dirich, after enrolling the same number of units revealed that he invested the remaining money to his aunt who would pay
5% interest per month for 5 months after paying the 20% down payment. He is planning to pay the balance at the end of
the semester with 10% surcharge based on the unpaid balance. Assume that Dirich’s aunt is close to Richy and Richdin
and trying to convince them to do the same like what Richdin did.
1. What would you recommend to Richy and Richdin?
2. Give two quantitative techniques you could utilize.
3. Justify your answers.
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