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Vader

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May answer na ako dito, pero as usual magkaiba sa answers ng classmate ko 🤣

For any of those na willing lang tumulong. Need ko lang talaga na maverify kung tama ba yung solution and answer ko. Thank you!
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1. MonthlyMortgage=P * r * (1+r)^n/[(1+r)^360-1]
P=2,000,000
n=30 years x 12 (360 months)
r=9% (9%/12 = 0.75% or 0.0075)

MM=2,000,000 * 0.0075 * (1.0075^360)/[(1.0075)^360-1]
Monthly Mortgage=You do not have permission to view the full content of this post. Log in or register now. 16,092.45
 
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