Question: Directions/Instructions: Read, analyze, and understand each problem set. Your solution should have the following: Construct a time diagram Write the given Solve other variables needed

Directions/Instructions: Read, analyze, and understand each problem set.

Your solution should have the following:

Construct a time diagram

Write the given

Solve other variables needed to solve the main problem

Write the formula

Substitute the given to the formula

Solve using your calculator

Make your conclusion

5. The buyer of a car initially pays P150,000 cash and 12,000 every month for 5

years. If money is 10% compounded quarterly, how much is the cash price of the

car? Cash Price - Down Payment Present Value of the Annuity

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