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1. A flat TV can be purchased with payments of Php 12 500 at the end of each month for 2 years. If the money

1. A flat TV can be purchased with payments of Php 12 500 at the end of each month for 2 years. If the money is worth 18% compounded monthly, (a) find the cash price (b) the remaining liability just after 7th payment; (c) the remaining liabilities just before the 17th payment.

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