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2. A promo by Ur PC Store, a computer shop in your town, allows a buyer to take home a computer with a cash price
2. A promo by Ur PC Store, a computer shop in your town, allows a buyer to take home a computer with a cash price of P 26,000 provided that the buyer will pay a down payment of P 5,000. The remaining balance will be paid at the end of the year. Interest is based on the balance after deducting the down payment, and is charged at 1.5% per month simple interest rate. The amount that must be paid after one year is c. P 26,000 a. P 21,000 b. P 24,780 d. P 30,680 F= Pin
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