a . The type of annuity illustrated in the problem is _________________. b. The total number of payments is ______. c . The number of conversion period in the period deferral is ___________________. d. The interest rate per period is _________. e . The present value of the loan is_______.
Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
Answer the Situation below correctly show your complete solution.I already provided the ANSWER I just need the SOLUTION.
A loan of 30 000.00 Php is to be paid monthly for 5 years that will start at the end of 4 years . If converted monthly at 12 % , how much is the monthly payment ?
a . The type of annuity illustrated in the problem is _________________.
b. The total number of payments is ______.
c . The number of conversion period in the period deferral is ___________________.
d. The interest rate per period is _________.
e . The present value of the loan is_______.
Answers: a. Deferred Annuity; b. 60; c. 47; d. 0.01; e. 30 000.00 Php
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