Art purchase a house and lot worth ₱1,410,000, he made a down payment of ₱150, 000 and the remaining is through bank loan. He was approved for a 20-year mortgage with a rate of 5%. Determine the monthly payment of Art.
Art purchase a house and lot worth ₱1,410,000, he made a down payment of ₱150, 000 and the remaining is through bank loan. He was approved for a 20-year mortgage with a rate of 5%. Determine the monthly payment of Art.
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 64IIP
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B. Art purchase a house and lot worth ₱1,410,000, he made a down payment of ₱150, 000 and the remaining is through bank loan. He was approved for a 20-year mortgage with a rate of 5%. Determine the monthly payment of Art.
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