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Susie bought a parcel of farmland through a bank loan for P5,000,000. In the loan agreement, the loan is to be amortized over 10 years

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Susie bought a parcel of farmland through a bank loan for P5,000,000. In the loan agreement, the loan is to be amortized over 10 years at a fixed interest rate of 9% compounded monthly. a. How much is the monthly payment that begins in one month? b. Develop an amortization schedule for Susie for the first year

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