Rebecca borrows P60000 at 12% compounded annually, agreed to repay the loan in 15 equal payments. Construct an amortization schedule.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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Chapter5: The Time Value Of Money
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interest at 12% per annum.
4. Rebecca borrows P60000 at 12% compounded annually, agreed to repay the loan in 15 equal
payments. Construct an amortization schedule.
Transcribed Image Text:interest at 12% per annum. 4. Rebecca borrows P60000 at 12% compounded annually, agreed to repay the loan in 15 equal payments. Construct an amortization schedule.
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