riod, if a loan of Php 50,000 is made for a riod of 16 months at a rate of 7.5%?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
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2.What is the amount due at the end of loan
period, if a loan of Php 50,000 is made for a
period of 16 months at a rate of 7.5%?
Transcribed Image Text:2.What is the amount due at the end of loan period, if a loan of Php 50,000 is made for a period of 16 months at a rate of 7.5%?
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