MONEY BORROWED TODAY IS TO BE PAID IN 6 EQUAL PAYMENTS AT THE END OF 6 QUARTERS. IF THE INTEREST IS 12% COMPOUNDED QUARTERLY, HOW MUCH WAS INITIALLY BORROWED IF THE QUARTERLY PAYMENT IS P2,000.00?
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MONEY BORROWED TODAY IS TO BE PAID IN 6 EQUAL PAYMENTS AT THE END OF 6 QUARTERS. IF THE INTEREST IS 12% COMPOUNDED QUARTERLY, HOW MUCH WAS INITIALLY BORROWED IF THE QUARTERLY PAYMENT IS P2,000.00?
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- Money borrowed today is to be paid in 6 equal payments at the end of six quarters. If the interest is 12% compounded quarterly, how much was initially borrowed if the quarterly payment is P 2000.00?Money borrowed today is to be paid in 7 equal payments at the end of each quarter. If the interest is 1% compounded quarterly, how much was initially borrowed if quarterly payment is P 23,758?A loan is released today to be paid in 6 equal payments at the end of 6 quarters. If the interest is 16% compounded quarterly. How much is initially borrowed if quarterly payment is P2,500.00
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