5. Jonaa has borrowed P 30000 in 1 year and P 80000 due in 5 years. He has to pay P 50000 today and the balance 3 years. How much should he pay at the end of 3 years if it is 6% compounded semiannually?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Economics in engineering

6. Jonaa has borrowed P 30000 in 1 year and P 80000 due in 5 years. He has to pay P 50000 today
and the balance 3 years. How much should he pay at the end of 3 years if it is 6% compounded
semiannually?
Transcribed Image Text:6. Jonaa has borrowed P 30000 in 1 year and P 80000 due in 5 years. He has to pay P 50000 today and the balance 3 years. How much should he pay at the end of 3 years if it is 6% compounded semiannually?
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