Illustrate the following statement using time diagram for its cash flow. A. Monthly loan payment of P6,000 for 5 months. B. An installment payment for a laptop of P2,500 every 2 months for 2 years. C. Payment for a "house improvement loan" of P8,000 every month for 3 years. D. Quarterly payment of tuition fee amounting to P5,000 for a year.
Illustrate the following statement using time diagram for its cash flow. A. Monthly loan payment of P6,000 for 5 months. B. An installment payment for a laptop of P2,500 every 2 months for 2 years. C. Payment for a "house improvement loan" of P8,000 every month for 3 years. D. Quarterly payment of tuition fee amounting to P5,000 for a year.
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
Problem 1ST
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1. Illustrate the following statement using time diagram for its
A. Monthly loan payment of P6,000 for 5 months.
B. An installment payment for a laptop of P2,500 every 2 months for 2 years.
C. Payment for a "house improvement loan" of P8,000 every month for 3 years.
D. Quarterly payment of tuition fee amounting to P5,000 for a year.
E. Monthly rental fee for an isolation facility for 4 months.
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