- 9 Supposed You Want To Buy A Used Car But Your Savings Is Not Enough To Do This You Borrow P60 000 To Be Amortized In 1 (111.38 KiB) Viewed 34 times
9. Supposed you want to buy a used car but your savings is not enough. To do this, you borrow P60,000 to be amortized in
-
answerhappygod
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
9. Supposed you want to buy a used car but your savings is not enough. To do this, you borrow P60,000 to be amortized in
9. Supposed you want to buy a used car but your savings is not enough. To do this, you borrow P60,000 to be amortized in four equal payments at the end of each of the next four years, and the interest rate is paid 15 percent on the outstanding loan. What is the loan outstanding balance at the end of 2nd year? *