Question
A debt of P20,000 with interest at the rate of 10%compounded semiannually is to be amortized by 5 equal payments at the end of each
A debt of P20,000 with interest at the rate of 10%compounded semiannually is to be amortized by 5 equal payments at the end of each 6 months, the first payment is to be made after 3 years. Find the semiannual payment, and construct an amortization schedule.
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Introduction To Chemical Engineering Analysis Using Mathematica
Authors: Henry C. Foley
1st Edition
0122619129, 978-0122619120
