Maersk B.

asked • 10/10/20

Ordinary Annuity

A man bought a car in installment basis. If he pays P10,000 per month at a rate of 15% compounded monthly for 3 years, find the cash price and the accumulated amount of money for the car.

1 Expert Answer


Javier S. answered • 10/18/20

New to Wyzant

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