A store sells a washing machine. Renier offers to give a down payment of P5,000 and pay $2,000 at the end of every 3 months for two years. Assuming that the money compounds by 3% monthly, determine the economic value of the washing machine.
thank you in advance, mwua:>
Answers & Comments
Answer:
formula: P= R 1_(1+i)_n
i
solution: P= 6,000 1-(1+015)-4
0.15
solve the following equation ^^
Step-by-step explanation:
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