BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
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The buyer of the house and lot pay P200, 000 cash and P10, 000 every month for 20 years. If money is 9% compounded monthly, how much is the cash value of the lot?
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1, 311, 449.54
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1, 411, 449.54
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1, 511, 449.54
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1, 211, 449.54
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Explanation:
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