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:
Step-by-step explanation:
Rewrite this as

Knowing that i-squared = -1:

Both i-squared and 100 are perfect squares, so this simplifies to
±10i
101.28-96 = 5.28
5.28/96 = 0.055
0.055 x 100% = 5.5%
Answer:
2+5x?
Step-by-step explanation:
The answer is 4,800 . You have to multiply 120 and 40.