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Bruno purchased a home theater set on his appliance store card. He was told that with the store rate of 12% compounded monthly, he would

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Bruno purchased a home theater set on his appliance store card. He was told that with the store rate of 12% compounded monthly, he would end up paying P95,000 on a 2-year payment plan. How much would he pay at the start of each month? (10 points)

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