A newr brand of cell phone is for sale in SM Lucena at P 13,499.00 in cash or in instalment terms, P 2,500.00 each month for the next 6 months at 9% compounded monthly. 1. If you were the buyer, what do you prefer? Cash or installment? 2. Why did you choose cash? Installment? 3- What is the advantage of choosing cash basis? 4. What is the advantage of choosing installment basis