ebt of P20,000 with interest at the rate of 15% compounded semi-annually is to be amortized by 3  equal payments at the end of each 18 months. How much would the equal payments be? Construct an  amortization schedule   please draw the cashflow dia

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter19: Lease And Intermediate-term Financing
Section: Chapter Questions
Problem 12P
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A debt of P20,000 with interest at the rate of 15% compounded semi-annually is to be amortized by 3 
equal payments at the end of each 18 months. How much would the equal payments be? Construct an 
amortization schedule

 

please draw the cashflow diagram

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