Mr. Marc Pogi wish to purchase a house and lot in San Carlos City worth 2,200,000 pesos and the seller requires a 15% down payment. Then Mr. Marc Pogi will loan 6.5% monthtly interest rate to be paid...

Mr. Marc Pogi wish to purchase a<br>house and lot in San Carlos City<br>worth 2,200,000 pesos and the seller<br>requires a 15% down payment. Then<br>Mr. Marc Pogi will loan 6.5% monthtly<br>interest rate to be paid for 20 years.<br>Answer the following questions and<br>find the unknown value needed in the<br>amortization table below for the first<br>6 months of payment.<br>Period<br>Monthly Amortization<br>Interest<br>Principal<br>Outstanding Balance<br>1<br>A?<br>2<br>3<br>c?<br>4<br>B?<br>D?<br>

Extracted text: Mr. Marc Pogi wish to purchase a house and lot in San Carlos City worth 2,200,000 pesos and the seller requires a 15% down payment. Then Mr. Marc Pogi will loan 6.5% monthtly interest rate to be paid for 20 years. Answer the following questions and find the unknown value needed in the amortization table below for the first 6 months of payment. Period Monthly Amortization Interest Principal Outstanding Balance 1 A? 2 3 c? 4 B? D?

Jun 04, 2022

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Mr. Marc Pogi wish to purchase a house and lot in San Carlos City worth 2,200,000 pesos and the seller requires a 15% down payment. Then Mr. Marc Pogi will loan 6.5% monthtly interest rate to be paid...

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