A certain company has just purchased a new meat-grinding machine. The machine's purchase price was ₱22,500. The company made a 20% down payment and agreed to make nine monthly principal payments of...

A certain company has just purchased a new meat-grinding machine. The machine's purchase price was ₱22,500. The company made a 20% down payment and agreed to make nine monthly principal payments of ₱2000 each. The company also agreed to pay 1% Interest on the unpaid principal each month. Prepare a cash flow diagram.

Solutions manual only, we don't need Microsoft Excel.