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A man agrees to make equal payments at the beginning of each six months for 6 years to discharge a debt of P51,959, due now.

A man agrees to make equal payments at the beginning of each six months for 6 years to discharge a debt of P51,959, due now. If money is worth 7% compounded semi-annually, find the semi-annual payment.

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A man agrees to make equal payments at the beginning of each six months for 6 years to discharge a debt of P51,959, due now. If money is worth 7% compounded semiannually, find the semi-annual payment.P

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