R im
m
t
n
Converted
interest
rate o
FP
1.
2.
Monthly payments of
P2,000 for 5 years with an
interest
rate
of
12%
compounded quarterly.
Quarterly payments of
P15,000 for 10 years with
an interest rate of 8%
compounded annually.
Semi-annual payments of
P150,000 with an interest
rate of 6% compounded
annually for 6 years.
3.​