To start an RTW business, you took a loan of Php50,000. Your banker loans you the money

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To start an RTW business, you took a loan of Php50,000. Your banker loans you the money at a 10% annual interest rate, which you agree to pay back in five equal monthly installments. How much is the ending balance on the fourth year (using amortization)?

Posted Date: Jun 14, 2024 06:51 AM

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To start an RTW business, you took a loan of Php50,000. Your banker loans you the money

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