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1.A house costs P2,000,000 cash. A purchaser will pay P90,000 cash, P60,000 at the end of 2 years and a sequence of 6 annual payments

1.A house costs P2,000,000 cash. A purchaser will pay P90,000 cash, P60,000 at the end of 2 years and a sequence of 6 annual payments starting at the end of 4 years, to discharge all his remaining liability as to the principal and interest at 10% compounded annually, find the annual payments which must be made for 6years?

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