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A one-bagger concrete mixer can be purchased with a down payment of P8,000 and equal installments of P600 each paid at the end of every
- A one-bagger concrete mixer can be purchased with a down payment of P8,000 and equal installments of P600 each paid at the end of every month for the next 12 months. If money is worth 12% compounded monthly, determine the equivalent cash price of the mixer.
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