# 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: 1

## Answers

Find the interest and compound amount on a loan of php 54,600 for 5 years and 6 months with an inter...

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)

answer:

walang like terms ehh

step-by-step explanation:

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