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Mr. Bagain borrowed P2,000,000 for the expansion of his farm supply business. The effective rate of interest is 8%. The loan is to be repaid in full after three years. How much is to be paid after three years? P2,219,424 P2,319,424 P2,419,424 O P2,519,424 SLIDESMANIA COM

Mr. Bagain borrowed P2,000,000 for the expansion of his farm supply business. The effective rate of interest is 8%. The loan is to be repaid in full after three years. How much is to be paid after three years? P2,219,424 P2,319,424 P2,419,424 O P2,519,424 SLIDESMANIA COM

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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Mr. Bagain borrowed P2,000,000 for the expansion of his farm supply business. The effective rate of interest is 8%. The loan is to be repaid in full after three years. How much is to be paid after three years? P2,219,424 O P2,319,424 P2,419,424 O P2,519,424 SLIDESMANIA COM
Transcribed Image Text:Mr. Bagain borrowed P2,000,000 for the expansion of his farm supply business. The effective rate of interest is 8%. The loan is to be repaid in full after three years. How much is to be paid after three years? P2,219,424 O P2,319,424 P2,419,424 O P2,519,424 SLIDESMANIA COM
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