BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Raymond has to pay ₱300 every month for 24 months to settle a loan at 12% compounded monthly. Find the periodic payments .
A
i = 12%
B
R= 300
C
n = 24
D
n = 0.12
Explanation: 
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