Mr.ribaya paid php200,000 as down payment for a car.the remaining amount is to be settled by paying Php 16,200 at the end of each month for 5 years.if interest is 10.5% compounded monthly.what is the cash price?
Mr.ribaya paid php200,000 as down payment for a car.the remaining amount is to be settled by paying Php 16,200 at the end of each month for 5 years.if interest is 10.5% compounded monthly.what is the cash price?
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Answer:
Mr.ribaya paid php200,000 as down payment for a car.the remaining amount is to be settled by paying Php 16,200 at the end of each month for 5 years.if interest is 10.5% compounded monthly.what is the cash price?