DLDOBAGGINS4402 DLDOBAGGINS4402

24-05-2023
Business

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A house is purchased for P500,000. The buyer pays 36% down payment and P7,500 monthly payments. Money is worth 24% compounded monthly. a) How many regular payments are there? b) Find the final payment if: 1. it is made on the last periodic payment 2. it is made one period after the last periodic payment

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