On May 15, 2020, Veronica borrowed P100 000 and agreed to pay the interest at 7% compounded monthly. How much must she pay if she wanted to discharge this debt on January 12, 2021. 5. Mrs Martin purchased a condominium unit and agrees to pay P200000 cash and P40 000 every 3 months for 5 years. What is the cash price of the condominium unit if money is worth 20 % compounded quarterly? 6. Kart borrows P200 000 and agrees to pay the principal and interest by making equal payments at the end of every 6 months for 4 years. Find his semi annual payments if the lender charges 12% compounded semi annually.
Mrs Martin purchased a condominium unit and agrees to pay P200 000 cash and P40 000 every 3 months for 5 years. What is
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