Ms. issa paid p200,000 as down payment for a car. the remaining amount is to be settled by paying p16,200 at the end of each month for 5 years. if interest is 10.5% compounded monthly, what is the cash value of the car?

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01-11-2022
World Languages

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Ms. issa paid p200,000 as down payment for a car. the remaining amount is to be settled by paying p16,200 at the end of each month for 5 years. if interest is 10.5% compounded monthly, what is the cash value of the car?

Sagot :

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