What rate compounded monthly was charged on a loan of P3500.00 repaid inmonthly installments of P107.19 in three years and 3 months? *11.03%2.15%3.68%O 6.45% A university has to conduct a training course for professors of seven differentcourses - GART, NSTP, GSELF, GENTREP, GWORLD, GEARTH, and GMATH from22nd July to 29th July *a. The course should start with NSTPb. 23d July, being Sunday, should be a holidayc. The GEARTH course should be on the previous day of the GMATH course.d. The training should end with GART.e. GSELF should be done immediately after the holiday.f. There should be a one day gap between GENTREP and GMATH.g. There should be two days gap between GENTREP and GWORLD.Which course precedes GART?GENTREPGMATHGSELFGWORLD

Let the monthly rate = r Monthly payment (M) = P 107.19 Loan (L) = P 3500 n = 3 years 3 months = 39…

Answered: What rate compounded monthly was…

What rate compounded monthly was charged on a loan of P3500.00 repaid in monthly installments of P107.19 in three years and 3 months? * 11.03% 2.15% 3.68% O 6.45%

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 12EB: Drainee purchases direct materials each month. Its payment history shows that 65% is paid in the...

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