A laptop was bought for 10,000 php plus a monthly installment of 4,500 php scheduled to be paid at the end of every month. The monthly payment is to be completed after 1 year. If the interest is 1% compounded monthly, determine the cash price of the laptop. A 53,708.63 php B 54,248.19 php 63,708.63 php 44,248.19 php

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