A. A house costs P1.3 million cash. A buyer bought it by paying P300000 down payment and would pay 48 monthly installments, the first of which is due at the end of 1 year. If the rate of interest is 20.4% compounded monthly, what is the monthly installment?

B. In purchasing a high quality handy camera, the buyer agreed to pay P11474 at the beginning of each 6 months for 9 years, with the first payment due on the date of purchase. If the interest rate is 16% converted semi-annually, find the cash price of the camera.

MANUAL SOLUTION PLS