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A Php 450,000.00 bond is redeemable at Php 550,000.00 after 5 years. Coupons are given. at 5% convertible semi-annually. Find the amount of the semi-annual coupon. The correct answer is: 11250 A family obtained a Php 1 , 000 , 000. 00 mortgaged. If the monthly payment is Php 38 , 000. 00 for four years, how much is the total interest paid?
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