Your uncle will sell you his bicycle shop for P800,000, with "seller financing," at a 10.0% nominal annual rate. The terms of the loan would require you to make 6 equal bi-monthly (end of every 2...

Your uncle will sell you his bicycle shop for P800,000, with "seller financing," at a 10.0% nominal annual rate. The terms of the loan would require you to make 6 equal bi-monthly (end of every 2 months) payments per year for 6 years, and then make an additional final (balloon) payment of P150,000 at the end of the last month. What would your equal bi-monthly payments be? (Clue, your knowledge on equivalent values can be used on this problem)