18. A loan of PHP 75,000 with 3.5% interest rate compounded semi annually, will be paid in 2 and half years How much is the Interest? (using Compound interest Formula) O PHP 81,769.24 O PHP 81,796.24 O PHP 6796.24 O PHP 6769.30
18. A loan of PHP 75,000 with 3.5% interest rate compounded semi annually, will be paid in 2 and half years How much is the Interest? (using Compound interest Formula) O PHP 81,769.24 O PHP 81,796.24 O PHP 6796.24 O PHP 6769.30
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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