1. Ms. De Leon obtained from a financing company a loan of ₱2,500,000.00 to expand her jewelry business for a 8-year mortgage. How much will be its total interest if his monthly payment is ₱30,000.00?
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Answer:
380,000
Step-by-step explanation:
P 30000 × 8 ×12 - P 2,500,000
=P2,880,000-2,500,000
= 380,000
Answer:
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