A bank loan of P6,000,000 at 10% pa, is to be paid in 10 equal payments, the first of which to be paid two years from now. How much does Mr. Eden still owe to the bank before he is going to make the...


A bank loan of P6,000,000 at 10% pa, is to be<br>paid in 10 equal payments, the first of which to<br>be paid two years from now. How much does<br>Mr. Eden still owe to the bank before he is<br>going to make the 9th payment? Show your<br>cash flow diagram.<br>O .P1,211,510<br>O P1,341,154<br>O P 2,050,592<br>O P 976,472<br>

Extracted text: A bank loan of P6,000,000 at 10% pa, is to be paid in 10 equal payments, the first of which to be paid two years from now. How much does Mr. Eden still owe to the bank before he is going to make the 9th payment? Show your cash flow diagram. O .P1,211,510 O P1,341,154 O P 2,050,592 O P 976,472

Jun 03, 2022
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