Question: Please answer this question. Complete answer please and please show me the step by step solution thank you As soon as possible pls, I have

Please answer this question. Complete answer please and please show me the step by step solution thank you

As soon as possible pls, I have 20 minutes left for my quiz

Please answer this question. Complete answer please and please show me the

A man purchased a house for P425,000. In the first month that he owned the house, he spent P75,000 on repairs and remodeling. Immediately after the house was remodeled, he was offered P545,000 to sell the house. After some consideration, he decided to keep the house and have it rented for P4,500 per month starting two months after the purchase. He collected rent for 15 months and then sold the house for P600,000. If the interest rate was 1.5% per month, how much extra money did he make or lose by not selling the house immediately after remodeling

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