TOPIC: Residual debt as a function of r In order to cancel a loan contracted to be amortized in 12 constant quarterly installments due and that on the date has 4 installments of P 2000 to accrue, it is required to know the amount of the unpaid balance. Carry out the calculation with a TEM of 2.5%. Answer: D8 = P 6670.36. Provide solution

Answer rating: 100% (QA)

Amount of unpaid balance P 667036 Explanation Amount of unpaid balance P 200... View the full answer