Juwita buys a two-year-old Honda from a car dealer for P450,000. She puts P150,000 down and finances the rest through the dealer at 13% effective interest rate. If she agrees to make 36 monthly...

Juwita buys a two-year-old Honda from a car dealer for P450,000.  She puts P150,000 down and finances the rest through the dealer at 13% effective interest rate.  If she agrees to make 36 monthly payments, find the size of each payment.


Note: draw cash flow diagram if possible