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:
1
Step-by-step explanation:
3.33333333 as a whole number is 3
It would be A because this sequence has a factor of 2 between each number
Answer:
The distance formula is a formalization of the Pythagorean Theorem using (x,y) . They are the same thing (but the distance formula is for working out the distance between two points and Pythagoras theorem is for working out the missing length in a right-angled triangle) in two different contexts.
Step-by-step explanation:
