2 years ago

I dint understand this what’s the answer?

Mathematics

1 answer:

attashe74 [19]2 years ago

7 0

The answer I think it is would be B

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3 years ago

Mr. Abaya goy P700,000 loan for the expansion of his business payable monthly in 4years. How much os the monthly amortization if

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The monthly amortization is P23,511.63

<h2>Compound interest</h2>

The formula for calculating the compound interest is expressed as:

$A = P(1+r/n)^t$

whrere:

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

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Learn more on compound interest here: brainly.com/question/24924853

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