e decided to buy a television set for P68000 and agree to pay for it at 8 equal payments at an interest rate of 8% compounded monthly. 3. Determine the equal period payments if payments are made at the beginning of the month. 4. Determine the equal period payments if payments are made at the end of the month 5.1 Determine the equal period payments if payments started at the beginning of the 4th month. 5.2. after paying the initial 4 payments, Joe decided to pay the remaining payments as a lump sum at the end of 7th month, how much is the lump sum needed? 5.3 Joe lost his money that's why he can't pay his first two installments, but promised to pay a lump sum of all his debt at the start of the 9th month, how much is the lump sum needed
Joe decided to buy a television set for P68000 and agree to pay for it at 8 equal payments at an interest rate of 8%
compounded monthly.
3. Determine the equal period payments if payments are made at the beginning of the month.
4. Determine the equal period payments if payments are made at the end of the month
5.1 Determine the equal period payments if payments started at the beginning of the 4th month.
5.2. after paying the initial 4 payments, Joe decided to pay the remaining payments as a lump sum at the end of 7th month, how
much is the lump sum needed?
5.3 Joe lost his money that's why he can't pay his first two installments, but promised to pay a lump sum of all his debt at the start
of the 9th month, how much is the lump sum needed?
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