Jasmin bought a laptop amounting P45,000 in an installment basis with 1.5% annual interest. She provides a P5000 downpayment and promise to pay P3000 at the end of 1st year, 9000 at the end of 2nd...

Extracted text: Jasmin bought a laptop amounting P45,000 in an installment basis with 1.5% annual interest. She provides a P5000 downpayment and promise to pay P3000 at the end of 1st year, 9000 at the end of 2nd year, 4000 at the end of 5th year and the remaining balance at the end of 8th year. Find the remaining balance and create a cash flow diagram.