4. A loan is to be amortized for 7 years through equal payments of Php 48,532.49 each semiannually. If the loan earns at 7% compounded semiannually, find a. the present value of the loan%; b....


4. A loan is to be amortized for 7 years through equal payments of Php 48,532.49 each<br>semiannually. If the loan earns at 7% compounded semiannually, find<br>a. the present value of the loan%;<br>b. outstanding principal after 2 years;<br>C. the amount of debt already paid after 2 years; and<br>d. the total interest on this loan.<br>

Extracted text: 4. A loan is to be amortized for 7 years through equal payments of Php 48,532.49 each semiannually. If the loan earns at 7% compounded semiannually, find a. the present value of the loan%; b. outstanding principal after 2 years; C. the amount of debt already paid after 2 years; and d. the total interest on this loan.

Jun 10, 2022
SOLUTION.PDF
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
Have files?