1. Mrs. Remoto would like to buy a television (TV) set payable for 6 months starting at the end of the
month. How much is the cost of the TV set if her monthly payment is Php3,000 and interest is 9% compounded semi-annually
month. How much is the cost of the TV set if her monthly payment is Php3,000 and interest is 9% compounded semi-annually
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Answer:
17,545.08 the cost of the TV