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8. If a car loan of P 680,000 requires a 18% down payment. How much is the mortgage? A. P 122,400 B. P 221,040 9. A consumer loan ofP 200,000 is to repay in monthly installment for 1 C. P 383, 060 D. P 557,600 year. How much is the menth

8. If a car loan of P 680,000 requires a 18% down payment. How much is the mortgage? A. P 122,400 B. P 221,040 9. A consumer loan ofP 200,000 is to repay in monthly installment for 1 C. P 383, 060 D. P 557,600 year. How much is the menth

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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8. If a car loan of P 680,000 requires a 18% down payment. How much is the mortgage? A. P 122,400 B. P 221,040 9. A consumer loan of P 200,000 is to repay in monthly installment for 1 year. How much is the monthly payment if money is worth 1% converted monthly? C. P 383, 060 D. P 557,600 A. P 16,802.39 B. P 33,604.78 10. Mr. and Mrs. Banal purchased a house and lot worth P 4,000,000. They paid a down payment of P 800,000. They plan to amortize the loan of P 3,200,000 by paying monthly for 20 years. The interest rate is 12% convertible monthly. What is the total interest paid? A. P 35,234.76 B. P 58,914.78 C. P 100,814.36 D. P 201,628.72 niniemer C. P 3,200,000 D. P5,256,342.40
Transcribed Image Text:8. If a car loan of P 680,000 requires a 18% down payment. How much is the mortgage? A. P 122,400 B. P 221,040 9. A consumer loan of P 200,000 is to repay in monthly installment for 1 year. How much is the monthly payment if money is worth 1% converted monthly? C. P 383, 060 D. P 557,600 A. P 16,802.39 B. P 33,604.78 10. Mr. and Mrs. Banal purchased a house and lot worth P 4,000,000. They paid a down payment of P 800,000. They plan to amortize the loan of P 3,200,000 by paying monthly for 20 years. The interest rate is 12% convertible monthly. What is the total interest paid? A. P 35,234.76 B. P 58,914.78 C. P 100,814.36 D. P 201,628.72 niniemer C. P 3,200,000 D. P5,256,342.40
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