A man bought a lot worth P2026862 if paid in cash. By installment, he paid a down payment of P250,000; P668835 at the end of one year; P477270 at the end of 3 years and final payment at the end of five years. What is the final payment if the interest was 24% cpd. annually?
A man bought a lot worth P2026862 if paid in cash. By installment, he paid a down payment of P250,000; P668835 at the end of one year; P477270 at the end of 3 years and final payment at the end of five years. What is the final payment if the interest was 24% cpd. annually?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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A man bought a lot worth P2026862 if paid in cash. By installment, he paid a down payment of P250,000; P668835 at the end of one year; P477270 at the end of 3 years and final payment at the end of five years. What is the final payment if the interest was 24% cpd. annually?
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