Froilan and Arianne a newlywed young couple. Both wanted to have their own house somewhere near their friends Timothy and NJ, who were married 2 years prior. The couple decided to acquire a mortgage loan from EX Bank, owned by Aldrin, the ex-boyfriend of Arianne. The loan amounted to P2.5 million with a semi-annual compounding interest of 12%. The couple wants to pay their debt periodically for 5 years. Requirements: 1. Prepare the couple’s Loan Amortization Table. (Ordinary Annuity)
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