1. A debt of P3,500 is to be amortized by 6 equal semiannual payments with interest at 6%compounded semiannually. Find the periodic payment and construct on amortization schedule. 2. Monthly payments...


1. A debt of P3,500 is to be amortized by 6 equal semiannual payments with interest at<br>6%compounded semiannually. Find the periodic payment and construct on<br>amortization schedule.<br>2. Monthly payments of P800 each are used to settle a loan for 8 months at 8%<br>compounded monthly. Find the present value of the loan and construct an amortization<br>table.<br>

Extracted text: 1. A debt of P3,500 is to be amortized by 6 equal semiannual payments with interest at 6%compounded semiannually. Find the periodic payment and construct on amortization schedule. 2. Monthly payments of P800 each are used to settle a loan for 8 months at 8% compounded monthly. Find the present value of the loan and construct an amortization table.

Jun 09, 2022
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