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annual payments of P12,500 with interest rate of 10.5% compounded semi annually for 6 years

Sagot :

Answer:

6857

Step-by-step explanation:

Divide the ₱12,500 to 10.5%

12,500 ÷ 10.5 = 1,142.85714285

Multiply the 1,142.85714285 to 6yrs

1,142.85714285 x 6 = 6,857.14285714

Remove the number of 6,857.14285714 to .14285714

So the answer is: 6,857