Question: PLEASE USE COMPUTER AND KEYBOARD TO TYPE THE ANSWER AND PLEASE MAKE SURE IT IS COMPLETE 2. Emma availed of a cash loan that gave

PLEASE USE COMPUTER AND KEYBOARD TO TYPE THE ANSWER AND PLEASE MAKE SURE IT IS COMPLETE

2. Emma availed of a cash loan that gave her an option to pay P10,000 monthly for 1 year. The first payment is due after 6 months. How much is the present value of the loan if the interest rate is 12% converted monthly

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