document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1194193>Question 1194193</A>: <I><SPAN STYLE=\"word-break: break-all;\"> To pay a ₱370,000 loan, Aling Vergie promises to pay ₱42,000 at the <BR>\n" );
document.write( "end of every 6 months. If money is worth 10% compounded semi-<BR>\n" );
document.write( "annually,<BR>\n" );
document.write( "a. how many semi-annual payments are to be made?<BR>\n" );
document.write( "b. find the outstanding balance after the seventh payment.<BR>\n" );
document.write( "c. find the final payment if it is made 6 months after the last full <BR>\n" );
document.write( "payment date. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #826495 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=826495\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> my spreadsheet is shown below.\r<BR>\n" );
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document.write( "answers to your questions are below:\r<BR>\n" );
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document.write( "a. how many semi-annual payments are to be made?<BR>\n" );
document.write( "12 semi-annual payments are to be made.\r<BR>\n" );
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document.write( "b. find the outstanding balance after the seventh payment.<BR>\n" );
document.write( "outstanding balance after the seventh payment is equal to $178,662.80.\r<BR>\n" );
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document.write( "c. find the final payment if it is made 6 months after the last full<BR>\n" );
document.write( "payment date.<BR>\n" );
document.write( "final payment is equal to $37,947.53.\r<BR>\n" );
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document.write( "let me know if you have any questions.<BR>\n" );
document.write( "theo\r<BR>\n" );
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document.write( " </SPAN>\n" );
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