THE AMORTIZATION SCHEDULE Amount repaid Interest at 10% due at Periodic payment Outstanding principal at to the at the principal PERIOD the end the end of end of at the of every 6 end of every 6 months (A) every 6 months months every 6 months (E) (B) (C) (D) 1 2 3 4 5 TOTAL 1. Complete the amortization table
THE AMORTIZATION SCHEDULE Amount repaid Interest at 10% due at Periodic payment Outstanding principal at to the at the principal PERIOD the end the end of end of at the of every 6 end of every 6 months (A) every 6 months months every 6 months (E) (B) (C) (D) 1 2 3 4 5 TOTAL 1. Complete the amortization table
Chapter6: Investing And Financing Activities
Section: Chapter Questions
Problem 1.4C
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REGULAR PAYMENT OF SIMPLE ORDINARY ANNUITY
Eva obtained a loan fee of Php50,000 for the tuition of her son. She has to repay the loan by equal payment at the end of every six months for 3 years at 10% interest compounded semi-annually. Find the periodic payment.
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