47. A debt of P20,000 with interest at rate of 14% compounded semi- annually is to be amortized by 4 equal payments at the end of each 6 months; the first payment is to be made after 2 years. Find the...

47. A debt of P20,000 with interest at rate of 14% compounded semi-<br>annually is to be amortized by 4 equal payments at the end of each 6<br>months; the first payment is to be made after 2 years. Find the semi-<br>annual payment.<br>O a. P5904.56<br>O b. P7233.34<br>O c. P6503.45<br>O d. P6256.30<br>e. None of the above<br>

Extracted text: 47. A debt of P20,000 with interest at rate of 14% compounded semi- annually is to be amortized by 4 equal payments at the end of each 6 months; the first payment is to be made after 2 years. Find the semi- annual payment. O a. P5904.56 O b. P7233.34 O c. P6503.45 O d. P6256.30 e. None of the above

Jun 09, 2022

SOLUTION.PDF

47. A debt of P20,000 with interest at rate of 14% compounded semi- annually is to be amortized by 4 equal payments at the end of each 6 months; the first payment is to be made after 2 years. Find the...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment