TOPIC: ENGINEERING ECONOMICS - ANNUITYSpecific Instructions: Solve each problem NEATLY and SYSTEMATICALLY. Show your COMPLETEsolutions and BOX your final answers. Express all your answers in 2 decimal places. Handwrittenanswer, please. (Write clearly) Thank youProvide the given, formula, and solution.PROBLEM:1. An obligation of Php 30,000 is to be repaired in uniform annual amounts each of which includerepayment of the debt and interest over a period of 3 years. If the interest is 12 % per year, what is theannual payment?

Loan Principal = Payment amt. * n = 3 j = 12%

1. An obligation of Php 30,000 is to be repaired in uniform annual amounts each of which include repayment of the debt and interest over a period of 3 years. If the interest is 12 % per year, what is the annual payment?

1. An obligation of Php 30,000 is to be repaired in uniform annual amounts each of which include repayment of the debt and interest over a period of 3 years. If the interest is 12 % per year, what is the annual payment?

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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