COMPUTATION

 50,000 – Principal amount - April 29, 2019 - Borrowed Date

 50,000 + 2,000 = 52,000 – May 29, 2019
 52,000 + 4% per month = 52,000 + 2,080 = 54,080 = June 29, 2019
 54,080 + 4% per month = 54,080 + 2,163 = 56,163 = July 29, 2019
 56,163 + 4% per month = 56,163 + 2,246 = 58,409 = August 29, 2019
 58,409 + 4% per month = 58,409 + 2,336 = 60,745 = September 29, 2019
 60,745 + 4% per month = 60,745 + 2,429 = 63,174 = October 29, 2019
 63,174 + 4% per month = 63,174.8 + 2,526.99 = 65,701.79 November 29, 2019
 65,701.8 + 4% per month = 65,701.8 + 2,628 = 68,329.87 = December 29, 2019

NOTE: If the interest will pay every month it will remain 50,000 + 2,000
December 29, 2019 – full payment = PHP 52,000.00
(It didn’t compute USD varies)

______________Emelita M Abarracoso (Signature)

_____________ Atinodoro A Abarracoso (Signature)