A man bought alet worth P2.5M paid in cash On the instalmen basis, he paid a down paymen o 200 000 Pa00 000 at the end of one year, P400,000 at the end of three years, and a final payrmenf at the end of five years. Whal was the inaleymennlerest was 16 6 Express youn answer in whole number.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
A man bought a lot worth P2 5M if paid in cash On henstalment besis, he paid a dewn payent of 200 000 P300)0O0 at the end of one year, P400,000 at fhe end of three years, and a
final payment at the end of five years. Whal was the inal paymenttihterest was 16 6
Express your answer in whole number.
< Question 41 of 50
Transcribed Image Text:A man bought a lot worth P2 5M if paid in cash On henstalment besis, he paid a dewn payent of 200 000 P300)0O0 at the end of one year, P400,000 at fhe end of three years, and a final payment at the end of five years. Whal was the inal paymenttihterest was 16 6 Express your answer in whole number. < Question 41 of 50
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,