• Accueil
  • Math
  • Find the interest and compound amount on a loan of...

Find the interest and compound amount on a loan of php 54,600 for 5 years and 6 months with an interest of 8% compounded quarterly.​

Answers

  • Réponse publiée par: tayis

    Interest = .02

    compounded amount = 81, 132.73

    Step-by-step explanation:

    FutureValue = 54,600

    Interest = 8 x 10% ÷ 4 (quarterly =4) = .02

    Number of years = 5 x 4 (quarterly =4) = 20

    Compound Formula = FV(1+i)^n

    54,600(1+.02)^20 = 81,132.73 (rounded off)

  • Réponse publiée par: cyrilc310

    answer:

    walang like terms ehh

    step-by-step explanation:

    xy + 5x - 6y + 30 =xy + 5x - 6y + 30

  • Réponse publiée par: taekookislifeu
    Bro this is si very difficult plss listen to you teacher next time
Connaissez-vous la bonne réponse?
Find the interest and compound amount on a loan of php 54,600 for 5 years and 6 months with an inter...