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· Ruben bought a laptop that is payable by monthly installment of P1,800 for 12 months starting at the end of 2 months. How much is the cash value of the laptop if interest is at 10% convertible monthly?



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Question:

Ruben bought a laptop that is payable by monthly installment of P1,800 for 12 months starting at the end of 2 months. How much is the cash value of the laptop if interest is at 10% convertible monthly?

Answer

[tex] {1}^{.} 9440[/tex]

Explanation/analysis:

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