Question: 11. A flat screen TV can be purchased with payments of P 2,500 at the end of each month for 2 years. If money is

11. A flat screen TV can be purchased with payments of P 2,500 at the end of each month for 2 years. If money is worth 12% compounded monthly, find (a) the cash price; (b) the remaining liability just after the 7th payment; (c) the remaining liability just before the 17th payment.

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