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
Add them all up and divide 6 (the number of terms given). The answer is 9.66 or 9.7 rounded to the nearest tenth.
Answer:
3hours and 30 minutes moving and 2 and a half hours stationary
Step-by-step explanation:
1 hour + 30 minutes + 1 hour + 30 minutes + 30 minutes for moving
1 hour + 1 hour + 30 minutes for stationary.
Regroup terms
2(x + 2) = 1
Divided both sides by 2
x + 2 = 1/2
Subtract 2 from both sides
x = 1/2 - 2
Simplify 1/2 - 2 to -3/2
<u>x = -3/2</u>