The monthly amortization is P23,511.63
<h2>Compound interest</h2>
The formula for calculating the compound interest is expressed as:

whrere:
- P is the principal = P700,000
- r is the rate = 12% = 0.12
- t is the time = 4 years
- n = 12
Substitute the parameters

Calculate the monthly payment:
Monthly payment = 
Hence the monthly amortization is P23,511.63
Learn more on compound interest here: brainly.com/question/24924853
Answer:
X = 12
Y = 4
Step-by-step explanation:
X + Y = 16
X = 3Y
3Y + Y = 16
4Y = 16
Y = 4
X + 4 = 16
X = 12
Answer:
Where
and 
We are interested on this probability

And the best way to solve this problem is using the normal standard distribution and the z score given by:

If we apply this formula to our probability we got this:
And we can find this probability using the complement rule:

Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
Let X the random variable that represent the variable of interest of a population, and for this case we know the distribution for X is given by:
Where
and 
We are interested on this probability

And the best way to solve this problem is using the normal standard distribution and the z score given by:

If we apply this formula to our probability we got this:
And we can find this probability using the complement rule:

Answer:
Step-by-step explanation:
i do not know
A(10) =126,000 (1.02)^10 = $153,593.30