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help me please thank you Rublin Company applies for a one- year, P1 million loan from RY Bank. The term of the loan requires 12%
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Rublin Company applies for a one- year, P1 million loan from RY Bank. The term of the loan requires 12% per annum interest, compounded semi-monthly and will be paid together with the principal at the end of the year. How much total interest will be paid at the end of the year? P132,796 P136,036 P137,870 O P127,160 Step by Step Solution
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