Mathematics, 05.07.2019 01:20 Jasten
Abusinessman borrowed p3,000,000 with interest at the rate of 6% compounded annually. he agrees to discharge his obligations by paying a series of 6 annual payment, the first being due at the end of the fifth year. determine the value of his annual payment. a. 500,000 b. 770,222 c. 726,625 d. 600,000
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Abusinessman borrowed p3,000,000 with interest at the rate of 6% compounded annually. he agrees to d...
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