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A. P310,000 46. A housewife bought a brand new washing machine costing P12, 000 if paid in cash. However, she can purchase it on installment

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A. P310,000 46. A housewife bought a brand new washing machine costing P12, 000 if paid in cash. However, she can purchase it on installment basis to be paid within 5 years. If money is worth 8% compounded annually, what is her yearly amortization if all payments are to be made at the beginning of each year? A. 2,617.65 B. 2,782.93 ha to provide P40, 000 for his son on C. 2,890.13 D.2,589.90

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