Questions


November 2022 1 3 Report
Ms. Fernandez borrows P60,000.00 at 9% interest compounded monthly and promises to pay the principal and interest in 8 years. How many times is the interest will be compounded in a year?
a.. 1
b. 12
c. 4
d. 2

Answers & Comments


Add an Answer


Please enter comments
Please enter your name.
Please enter the correct email address.
You must agree before submitting.

Helpful Social

Copyright © 2024 EHUB.TIPS team's - All rights reserved.