You are to pay a bill in Meralco every month for 5 years. The accumulated amount of the payment you paid is 60k pesos at a rate of 6% per year. The first payment is done after 4 years. How much are...


You are to pay a bill in Meralco every month for 5 years. The accumulated<br>amount of the payment you paid is 60k pesos at a rate of 6% per year. The<br>first payment is done after 4 years. How much are you paying every<br>payment?<br>ANSWER: A = P122.5433<br>

Extracted text: You are to pay a bill in Meralco every month for 5 years. The accumulated amount of the payment you paid is 60k pesos at a rate of 6% per year. The first payment is done after 4 years. How much are you paying every payment? ANSWER: A = P122.5433

Jun 05, 2022
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