Question: 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

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.

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