5. A loan is to be amortized via equal payments of Php 119, 764.71 each at the end of six months for 9 years. If the interest based on 10% compounded semiannually, find a. the original amount of the...

5. A loan is to be amortized via equal payments of Php 119, 764.71 each at the end of six months for<br>9 years. If the interest based on 10% compounded semiannually, find<br>a. the original amount of the loan;<br>b. outstanding principal after the 8th<br>payment; and<br>C. outstanding principal after the 8th year.<br>

Extracted text: 5. A loan is to be amortized via equal payments of Php 119, 764.71 each at the end of six months for 9 years. If the interest based on 10% compounded semiannually, find a. the original amount of the loan; b. outstanding principal after the 8th payment; and C. outstanding principal after the 8th year.

Jun 11, 2022

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5. A loan is to be amortized via equal payments of Php 119, 764.71 each at the end of six months for 9 years. If the interest based on 10% compounded semiannually, find a. the original amount of the...

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