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An OLED widescreen TV costs P125,000 if paid in cash. If I pay a downpayment of P25,000 and the balance to be paid in 6

An OLED widescreen TV costs P125,000 if paid in cash. If I pay a downpayment of P25,000 and the balance to be paid in 6 equal monthly payments at 12% compounded monthly, determine the monthly payments. Use the annuity formula for finding the payments and chk using equations of value.

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