If money is compounded monthly at 6.42%, how much must she pay each month? Round off to two decimal places.
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Lia plans to buy a house for Php 150862. She wants to make a down payment of Php 21388 and to take out a 25-year mortgage for the remaining amount. If money is compounded monthly at 6.42%, how much must she pay each month? Round off to two decimal places.
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