16w-15w =.
1w=20
1/1=20/1
W=20
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
I'm assuming this is a yearly interest.
2500*.04=100
7500*.05=375
so that would be $475 earned from interest
Answer:
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