1. The buyer of a car pays P169,000 cash and P12,000 every month for 5 years. If money is 10% compounded monthly, how much is the cash price of the car? 2. The buyer of a lot pays P10,000 every month for 10 years. If money is 8% compounded annually, how much is the cash value of the lot? (round- off the value of "j" in 6 decimal places) 3. In order to save for her high school graduation, Maria decided to save P200 at the end of every other month, starting the end of the second month. If the bank pays 0.250% compounded monthly, how much will be her money at the end of 5 years, (round-off the value of "j" in 6 decimal places)

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Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.