The buyer of a car pay P300,000.00 cash as downpayment and is going to pay P12,000.00 monthly for 5 years.
How much more will he be disbursing (present value) after paying the downpayment amount?
a. P733,378. 37
b. P 733,784.43
c. P 737,733.37
d. P787,733.43
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Answer:
B is the correct answer of the question
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