A man loans P187,400.00 from a bank with interest at 5%

compounded annually. He agrees to pay his obligations by paying 8

equal annual payments, the first payment being due at the end of 10

years. Find the annual payments.

asked by guest
on Oct 18, 2024 at 1:46 am



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.


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