Let us say that:<span>
P = present value
F = future value
i = interest rate
n = period
P = F / [ (1 + i ) ^n ]
P = 200000 / [ (1 + 0.011) ^6 ]
P = 187293.65
<span>Therefore the student must put up Php 187,293.65</span></span>
It would be $57 weekly, and when you multiply that by 4, you get $228/month
He won about 25% because 6/12 would be 1/2 and 3 is 1/2 of 6 or a 1/4 so 25%
Answer:
Step-by-step explanation:
