23. Dina decided to purchase a P1,500,000 house and lot. After deducting the down payment, the mortgage amount is P1,000,000. If the interest is at 10% compounded monthly, how much is the monthly...

23. Dina decided to purchase a P1,500,000 house and lot. After deducting the down payment, the<br>mortgage amount is P1,000,000. If the interest is at 10% compounded monthly, how much is the<br>monthly installment if they plan to amortize the loan in 25 years?<br>A. P9,000.25<br>B. P9,031.25<br>C. P9,051.25<br>D. P9,061.25<br>

Extracted text: 23. Dina decided to purchase a P1,500,000 house and lot. After deducting the down payment, the mortgage amount is P1,000,000. If the interest is at 10% compounded monthly, how much is the monthly installment if they plan to amortize the loan in 25 years? A. P9,000.25 B. P9,031.25 C. P9,051.25 D. P9,061.25

Jun 02, 2022

SOLUTION.PDF

23. Dina decided to purchase a P1,500,000 house and lot. After deducting the down payment, the mortgage amount is P1,000,000. If the interest is at 10% compounded monthly, how much is the monthly...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment