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Lana71 [14]
3 years ago
14

I don’t know how much by

Mathematics
1 answer:
ICE Princess25 [194]3 years ago
7 0
Ed is heavier by 2.3 kg
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Mr. Abaya goy P700,000 loan for the expansion of his business payable monthly in 4years. How much os the monthly amortization if
Vaselesa [24]

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

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A = 700000(1+0.12/12)^{4(12)}\\&#10;A = 700,000(1.01)^{48}\\&#10;A =1,128,558.25

Calculate the monthly payment:

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

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