Question: Please help me answer this problem: Supposed you have to put up a sale of P 300,000 worth of furniture and xtures a month amounting

Please help me answer this problem:

Supposed you have to put up a sale of P 300,000 worth of furniture and xtures a month amounting to P 3,600,000 annually on installment basis. Supposed that the contract calls for 30% down payment, 8 months to pay with a nance charge of 3% per month. MAXIMUM PESO AMOUNT TIED UP IN INSTALLMENT RECIEVABLES MONTH END BUSINESS INSTALLMENT INSTALLMENT/ WRITTEN PAYMENTS RECIEVABLES W - - e -_ 3 9 10 11 12
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