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Eiracollenego
Answered

Semi-annual payments of P90,000 for eleven years with intererate of
11% compounded semi-annually​

Sagot :

Gonzalesjowel979go

Answer:

108,900 PESOS

Step-by-step explanation:

PRINCIPAL = 90,000 PESOS

RATE = 11% OR 0.11%

TIME = 11 YEARS

90,000 PESOS × 0.11% = 9,900 PESOS

9,900 PESOS × 11 YEARS = 108,900 PESOS

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