Mr. Ribaya paid P200,000 as downpayment for a car. The remaining amount is to be settle by paying P16,200 at the end of each month for 5years. If interest is 10.5% compounded monthly, what is the cash price of his car?
BrainDad:
It's not letting me post the answer with the error that I'm not allowed to post such words in the comments.
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sorry freiend I have no answer
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