Math, asked by unnamed29, 4 months ago

Lesson: Simple Annuity
Mr. Ribaya paid P200,000 as downpayment for a car.
The remaining amount is to be settled by paying P16,200 at the end of each month for 5 years. If interest is 10.5% compounded monthly, what is the cash price of his car?

Answers

Answered by TheEnchanted
4

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  • 17000 rupee is your answer

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