2. The buyer of a house and lot pays P60,000 down and signed a contract to pay P3,000 at the end of each month for 8 years to discharge all principal and interest at 12 % compounded monthly. Find the...

2. The buyer of a house and lot pays<br>P60,000 down and signed a contract to<br>pay P3,000 at the end of each month for 8<br>years to discharge all principal and<br>interest at 12 % compounded monthly. Find<br>the equivalent cash value of the house and<br>lot.<br>

Extracted text: 2. The buyer of a house and lot pays P60,000 down and signed a contract to pay P3,000 at the end of each month for 8 years to discharge all principal and interest at 12 % compounded monthly. Find the equivalent cash value of the house and lot.

Jun 09, 2022

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2. The buyer of a house and lot pays P60,000 down and signed a contract to pay P3,000 at the end of each month for 8 years to discharge all principal and interest at 12 % compounded monthly. Find the...

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