A Php 110,233 was loaned at an interest rate of 0.061. 9 annual payments have to be

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A Php 110,233 was loaned at an interest rate of 0.061. 9 annual payments have to be settled, the first payment will start at the end of the 3rd year.

Compute for the principal amount remaining at the start of the 6th year.

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Posted Date: Mar 24, 2022 01:40 AM

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A Php 110,233 was loaned at an interest rate of 0.061. 9 annual payments have to be

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