A television set is for sale at ₱ 13,499 in cash or on installment terms, ₱ 2,500 each month for the next 6 months at 9% compounded annually. If you were the buyer, what would you prefer, cash or installment?
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A television set is for sale at ₱ 13,499 in cash or on installment terms,
₱ 2,500 each month for the next 6 months at 9% compounded
annually. If you were the buyer, what would you prefer, cash or
installment?
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- If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the next eight years, how much will be accounted for as a current portion of a noncurrent note payable each year?Marathon Peanuts converts a $130,000 account payable into a short-term note payable, with an annual interest rate of 6%, and payable in four months. How much interest will Marathon Peanuts owe at the end of four months? A. $2,600 B. $7,800 C. $137,800 D. $132,600A television set is for sale at ₱ 13,499 in cash or on installment terms,₱ 2,550 each month for the next 6 months at 9% compounded annually. If you were the buyer, what would you prefer, cash or installment?
- A television (TV) set is for sale at P13,499 in cash or on installment terms, P2,500 each month for the next 6 months at 9% compounded monthly. If you were the buyer, what would you prefer, cash or installment?Show your complete solution. A television set is for sale at P13,499 in cash or on installment terms, P2,500 each month for the next 6 months at 9% compounded annually. If you were the buyer, what would you prefer, cash or installment?A company plans to purchase a small delivery truck for R120 000, which will be paid for in 36 equal monthly installments at an annual interest rate of 18%. What will the monthly payment amount be?
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