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
The answer is
A. No, because 1 x-value corresponds to 2 different y-values
Answer:
1. Compound
2. Simple
3. Simple
4. Compound
Step-by-step explanation:
The way I differentiated these was based on the quantitivity of each scenario. I related it to compound and simple sentences. For example, when one act was committed, it was clearly singular & simple. But if there was two actions consecutively, I'd consider that compound.
(0.35x + 0.14 * 18) / y = 0.23
x + 18 = y
its just the form of counting and not necessarily the different number
