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Mr. Yusoph wants to buy a pair of shoes worth PHP10,500. He has the option of paying it today for PHP10,500 or buying them in
Mr. Yusoph wants to buy a pair of shoes worth PHP10,500. He has the option of paying it today for PHP10,500 or buying them in installment where he has to pay a down payment of PHP4,000 today, and the balance will be paid in two equal payments of PHP4,000 each for the next two years.
Given an interest rate of 10%,which is the better option? Explain?
Given an interest rate of 10%,which is the better option? Explain?
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A Concise Introduction to Logic
Authors: Patrick J. Hurley, Lori Watson
13th edition
1305958098, 978-1305958098
