Question: A loan is amortized by paying Php12.000 monthly for 36 months. If money 2 points Tworth 9% compounded monthly, how much is the outstanding balance

A loan is amortized by paying Php12.000 monthly for 36 months.

A loan is amortized by paying Php12.000 monthly for 36 months. If money 2 points Tworth 9% compounded monthly, how much is the outstanding balance after 12 payments? Php265,669.45 Php262,669.75 Php276,125.89 Php283 2554 25 Mr. and Mrs. Cruz obtained a Php4,500,000 mortgage. If the monthly payment is php50,000 for 12 years, how much is the total interest paid?* Php2,900,000 Pho2.850.000 Php2,800,000 O Php2,700,000 Gracie applied for a car loan worth php1,200,000 with an interest of 3% compounded semiannually. The car loan is to be repaid in full after 4 years How much is to be paid after 4 years? Php1,983,110.10 Php1,586,762.55 O Php1,282,406.64 Php1,351,791.10

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