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4.- Mr. Pedro Pereira needs today $ 1,000,000, has quoted in the bank three types of loans with the following conditions: .- One-year loan term
4.- Mr. Pedro Pereira needs today $ 1,000,000, has quoted in the bank three types of loans with the following conditions: .- One-year loan term with an annual rate of 12% capitalizable monthly, with monthly payments. ; Two-year loan term with an annual rate of 8% capitalizable bimonthly, with bimonthly payments. ; Four-year loan term with an annual rate of 6% capitalizable quarterly, with quarterly payments. You as an adviser to Mr. Pereira mustevaluate the alternatives today calculating What will be the situation of the loans in month 6, so it is requested that you indicate at that date the value of the interest paid and the interest to be paid of the three credits, the value of the amortized capital and lor that remains to be amortized of the three credits
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