Formula: Ic = F-P n = tm i=j/m F = P(1 + i)^ P = F(1 + i) CV = DP + F(1 + i)^ 3. Jun sells a television set to Bong. Bong will pay P30,000 now and P120,000 in 3 years. If money is worth 17.75% compounded monthly, what is the cash value of the television set?

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