A P467,000 loan was originally made at a rate of 3 compounded every 6 months for 1 year At the end of this period, the loan was extended for 2 years and 11 months, with a new interest rate of 3 5 compounded continuously, using simple interest for anything less thana year period What is the future ...

To calculate the future worth of the loan well divide the loan period into two parts the initial per ...

A P467,000 loan was originally made at a rate of 3% compounded every 6 months for...

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Posted Date: Apr 22, 2024 10:43 AM

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A P467,000 loan was originally made at a rate of 3% compounded every 6 months for...

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Contemporary Business Mathematics with Canadian Applications

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