lathe for a machine shop costs P60, 000 if paid in cash, On the installment plan, a purchaser should pay P20, 000 down payment and 10 quarterly instaliments, the due at the end of the first year after purchase. If money is worth 15% compounded quarterly. The quarterly installments value is: A. 5.239.15 B. 4.439.18 C. 6.439.20

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A:

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A: Thank you for the question. As per Bartleby's guidelines, we will solve 1 question per session. To…

Q: A man borrowed P 1,000 which will be paid after 10 years at an interest rate of 12% compounded…

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