Question: Solve and prepare a monthly amortization fable. Stephanie makes a Php 40,000 credit purchase and agrees to repay the credit in four equal monthly payments

Solve and prepare a monthly amortization fable. Stephanie makes a Php 40,000 credit purchase and agrees to repay the credit in four equal monthly payments of Php 10.000. For each month she had to pay 12% annual rate on the unpaid balance. To summarize what she had to pay, complete the table below. Write this on your answer sheet. Month Unpaid Monthly Interest PrincipalPayment Total Payment New Balance (Unpaid Balance (unpaid balance x (Interest + Principal) balance -Principal) `monthly interest rate) 2 TOTALVI. REFLECTION (Time Frame: 15 minutes) Write your personal insights about the lesson using the prompts below, I understand that I realize that I need to learn more about

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