Question: Hello can anyone explain how to get the answer? No excel please. Thank you very much 2.) You are to pay a bill in Meralco

Hello can anyone explain how to get the answer? No excel please. Thank you very much

Hello can anyone explain how to get the answer? No excel please.

2.) You are to pay a bill in Meralco every month for 5 years. The accumulated amount of the payment you paid is 60k pesos at a rate of 6% per year. The first payment is done after 4 years. How much are you paying every payment? ANSWER: A = 122.5433

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