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Fair market value and cash flow steam and present value of annuity 1. Mariel purchased a smart television set through the credit cooperative of their

Fair market value and cash flow steam and present value of annuity
1. Mariel purchased a smart television set through the credit cooperative of their company, The cooperative provides an option for a deferred payment. Mariel decided to pay after 2 months of purchase. Her monthly payment is computed as P3,800 payable in 12 months. How much is the cash value of the television set if the interest rate is 12% convertible monthly? Given: Solution

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