A personal computer being sold for P85,000 may be bought by making a P15,000 down payment, and

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A personal computer being sold for P85,000 may be bought by making a P15,000 down payment, and the balance is payable in equal quarterly payments for 2 years and 6 months. If money is worth 10% compounded quarterly, find the quarterly payments.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 07, 2023 07:26 AM

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A personal computer being sold for P85,000 may be bought by making a P15,000 down payment, and

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To find the quarterly payments we can use the formula for the present val... View the full answer

Income Tax Fundamentals 2013

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