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2. Camba Family was able to buy a house and lot worth Php4,250,000 which would be financed through PAG-IBIG. Their agent gave them a discount of Php100,000. The required down payment was 25% of the net price. a.How much was the down payment paid by the buyer? b. How much was the gross balance or the amount to be financed through PAG-IBIG? c. How much is the current increased balance if it charges an interest rate of 27%?

2. Camba Family was able to buy a house and lot worth Php4,250,000 which would be financed through PAG-IBIG. Their agent gave them a discount of Php100,000. The required down payment was 25% of the net price. a.How much was the down payment paid by the buyer? b. How much was the gross balance or the amount to be financed through PAG-IBIG? c. How much is the current increased balance if it charges an interest rate of 27%?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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2. Camba Family was able to buy a house and lot worth Php4,250,000 which would be
financed through PAG-IBIG. Their agent gave them a discount of Php100,000. The required
down payment was 25% of the net price.


a.How much was the down payment paid by the buyer?
b. How much was the gross balance or the amount to be financed through PAG-IBIG?
c. How much is the current increased balance if it charges an interest rate of 27%?

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