3. Carlos Menton purchases a new laptop computer from Knox Computer Solutions for P1499. If the sales tax is 4.25% of the purchase price and Carlos finances the total cost, including sales tax, for 3 years at an annual interest rate of 8.4%, find the monthly payment.
3. Carlos Menton purchases a new laptop computer from Knox Computer Solutions for P1499. If the sales tax is 4.25% of the purchase price and Carlos finances the total cost, including sales tax, for 3 years at an annual interest rate of 8.4%, find the monthly payment.
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 64IIP
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