document.write( "Question 1171663: Find the interest charged on a loan of Php10,900 for 3 years at 7% compounded semiannually. \n" ); document.write( "
Algebra.Com's Answer #796582 by Boreal(15235)\"\" \"About 
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The amount at the end of the three years is 10900(1+(0.07/2))^6=13398.88
\n" ); document.write( "that means the interest was 2498.88 Php
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\n" ); document.write( "Also (1+0.035)^6-1 multiplied by the original principal.
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