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A cellphone, when paid in cash, is worth 52,000 pesos. If you decided to get the phone through a monthly installment plan with 12.4% interest

A cellphone, when paid in cash, is worth 52,000 pesos. If you decided to get the phone through a monthly installment plan with 12.4% interest rate, compounded monthly, how much is your payment every month in 2 years? Create an amortization schedule.

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