Nathan would like to buy a new car worth PhP 1,200,000.00. He decided to take an from a car dealership which charges 12% compounded monthly payable in 5 years. How much will be his monthly payment? Group of answer choices a. Php 26,693.34 b. Php 20,200.00 c. Php 36,333.93 d. Php 14,693.38
Nathan would like to buy a new car worth PhP 1,200,000.00. He decided to take an from a car dealership which charges 12% compounded monthly payable in 5 years. How much will be his monthly payment? Group of answer choices a. Php 26,693.34 b. Php 20,200.00 c. Php 36,333.93 d. Php 14,693.38
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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Nathan would like to buy a new car worth PhP 1,200,000.00. He decided to take an from a car dealership which charges 12% compounded monthly payable in 5 years. How much will be his monthly payment?
Group of answer choices
a. Php 26,693.34
b. Php 20,200.00
c. Php 36,333.93
d. Php 14,693.38
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