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A television has a list price of P29,880.00 and a trade discount of 5%. The owner that sells it, calls for a 30% down payment
A television has a list price of P29,880.00 and a trade discount of 5%. The owner that sells it, calls for a 30% down payment with the balance payable in a year at 1% per month interest rate. Invoice is 28,386 Downpayment is 8,515.8 Monthly payment is unknown Create a amortization schedule Prepare the amortization schedule for the first 6 months. (14 -31) Month amortization principal interest Loan balance
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