Answered: payments This already includes interest…

Business

Finance

payments This already includes interest at 10.6% compounded monthly. Find the number of regular payments.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter22: Providing And Obtaining Credit

Section: Chapter Questions

Problem 2P: Cost of Bank Loan Mary Jones recently obtained an equipment loan from a local bank. The loan is for...

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Question

You can buy a Php 2.8M condominium unit in Manila through Php 34,000 monthly
payments This already includes interest at 10.6% compounded monthly. Find the
number of regular payments.
148
145
146
147
Given A-Php 26.000.j- 13%, m-4, t - 15 years, find R
Php 3382.31
Php 990.34
Php 4,023.29
Php 643.29

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