If he has to pay compounded interest for P10,000 at 5% compounded
quarterly, for a 6 months term, how much interest does he have to pay on
the
6th month? What is the total amount he has to pay on the 6th month?

Question

02-11-2022
Math

Answered

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If he has to pay compounded interest for P10,000 at 5% compounded
quarterly, for a 6 months term, how much interest does he have to pay on
the
6th month? What is the total amount he has to pay on the 6th month?

Sagot :

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