Mr. Pangilinan will purchase a car worth Php. 2,000,000.00 with a required down payment of 20%. The remaining was assumed by the bank and will charge 5% annual interest. The loan will be paid for 5 years. Your task is to prepare an Amortization table for the first 5 months.

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01-12-2022
Math

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Mr. Pangilinan will purchase a car worth Php. 2,000,000.00 with a required down payment of 20%. The remaining was assumed by the bank and will charge 5% annual interest. The loan will be paid for 5 years. Your task is to prepare an Amortization table for the first 5 months.

Sagot :

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