A dining set worth P 12,200 cash is purchased by a downpayment of P 5,800 and monthly

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A dining set worth P 12,200 cash is purchased by a downpayment of P 5,800 and monthly payment of P 580 for 18 months. Find the rate of interest compounded monthly.

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Posted Date: Mar 03, 2024 05:17 AM

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A dining set worth P 12,200 cash is purchased by a downpayment of P 5,800 and monthly

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A P1 r1212t A Amount P Principal r Rate of interest t Time The dining set is P 1... View the full answer

College Accounting A Contemporary Approach

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