PHK u n e h o
Eternal Poster
Baka po may makakasagot netong problem nato
salamat po ng marami sa makakatulong
1. An investor deposits P1, 000 per month in a bank which offers at interest of 18% per month for time deposits over 5 years. Compute how much the investor can collect at the end of 15 years assuming that he never withdraws any amount before the 15th year.
2. A house ad lot was offered for P87, 000 with a 10% down payment and a monthly payment of P500 per month for 15 years. What is the monthly interest rate and the effective rate?
salamat po ng marami sa makakatulong
1. An investor deposits P1, 000 per month in a bank which offers at interest of 18% per month for time deposits over 5 years. Compute how much the investor can collect at the end of 15 years assuming that he never withdraws any amount before the 15th year.
2. A house ad lot was offered for P87, 000 with a 10% down payment and a monthly payment of P500 per month for 15 years. What is the monthly interest rate and the effective rate?