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23. Dina decided to purchase a 1,500,000 house and lot. After deducting the down payment, the mortgage amount is P1,000,000. If the interest is at

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23. Dina decided to purchase a 1,500,000 house and lot. After deducting the down payment, the mortgage amount is P1,000,000. If the interest is at 10% compounded monthly, how much is the monthly installment if they plan to amortize the loan in 25 years? A. 99,000.25 B. P9,031.25 C.P9,051.25 D. 29,061.25 13

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