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Hi. Please show the solution for these 4. The answers are given (2nd pic) , just show how to get it. 1. Loan P500,000, yearly
Hi. Please show the solution for these 4. The answers are given (2nd pic) , just show how to get it.
1. Loan P500,000, yearly interest 9%payment monthly payment period 10 years. Find the following: (Write your answer on your activity sheets/activity notebook) i. Periodic interest rate i ii. Total number of periodic payments nt iii. Monthly amortization iv. Interest paid for the loan Carrebacabe and it worth the bankroror 2007 1. a. 0.75% b. 120 c. P6,333.79 d. P260.054.60
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