Answered: To pay for his debt at 12% compounded…

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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To pay for his debt at 12% compounded semi- annually,Analuz arwena commuted for 8 quarterly payments of php 24,491.28 each .how much did she borrow?