You have a debt to your favorite friend Php 200,000.00. Due in your loss of money, you provide to pay off the mortgage inside one year beneath the subsequent conditions. The first price is Php 5000 on the stop of the primary month. The 2nd price is Php 5,000.00 + G on the stop of the second one month, and you pay off Php 5,000.00 + 2G on the stop of the third month. This sample of growing the quantity of G will keep for all ultimate months. A. If the interest rate is 0.5% per month, what's the value of G? B. What is the equal month-to-month constant price?| If the primary price is Php 7,500.00 (that is, verify G), repeat part A

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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You have a debt to your favorite friend Php 200,000.00. Due in your loss of money, you
provide to pay off the mortgage inside one year beneath the subsequent conditions. The first price
is Php 5000 on the stop of the primary month. The 2nd price is Php 5,000.00 + G on the stop of
the second one month, and you pay off Php 5,000.00 + 2G on the stop of the third month. This
sample of growing the quantity of G will keep for all ultimate months.
A. If the interest rate is 0.5% per month, what's the value of G?
B. What is the equal month-to-month constant price?|
If the primary price is Php 7,500.00 (that is, verify G), repeat part A
Transcribed Image Text:You have a debt to your favorite friend Php 200,000.00. Due in your loss of money, you provide to pay off the mortgage inside one year beneath the subsequent conditions. The first price is Php 5000 on the stop of the primary month. The 2nd price is Php 5,000.00 + G on the stop of the second one month, and you pay off Php 5,000.00 + 2G on the stop of the third month. This sample of growing the quantity of G will keep for all ultimate months. A. If the interest rate is 0.5% per month, what's the value of G? B. What is the equal month-to-month constant price?| If the primary price is Php 7,500.00 (that is, verify G), repeat part A
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