ASAP please. Use up to 6 decimal places during solving for the answer. Write all numerical final answers round off up to TWO (2) decimal places. If I invest ₱32,195 today and expect a reimbursement every end of 6th month with a ROR of 0.13 compounded semi-annually for 3 years. How much will I expect to receive every June and December of every year.
Mortgages
A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.
Mortgage
The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.
ASAP please. Use up to 6 decimal places during solving for the answer.
Write all numerical final answers round off up to TWO (2) decimal places.
If I invest ₱32,195 today and expect a reimbursement every end of 6th month with a ROR of 0.13 compounded semi-annually for 3 years. How much will I expect to receive every June and December of every year.
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