Question 7 A man bought a lot worth P1.1M if paid in cash. On the installment basis, he paid a down payment of P200,000, P300,000 at the end of one yeal, P400,000 at the end of three years, and a final payment at the end of five years., What was the final payment if interest was 16.3%? Express your answer in whole number.

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
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Question 7
A man bought a lot worth P1.1M if paid in cash. On the installment basis, he paid a down payment of P200,000, P300,000 at the end of one year,
P400,000 at the end of three years, and a final payment at the end of five years. What was the final payment if interest was 16.3%?
Express your answer in whole number.
Question 7 of 50
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Transcribed Image Text:Question 7 A man bought a lot worth P1.1M if paid in cash. On the installment basis, he paid a down payment of P200,000, P300,000 at the end of one year, P400,000 at the end of three years, and a final payment at the end of five years. What was the final payment if interest was 16.3%? Express your answer in whole number. Question 7 of 50 A Moving to another question will save this response. acer F10 F11 F12 PrtSc Pause Del Home Pg Up F4 F5 F6 F7 F8 F9 F2 F3 Scr Lk SysRq Break Ins Coca' & %23 -Backspace Nuc Lo 4. € 6. 7 8 E R T Y
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