Asked by taichi
                You decide to buy a TV set for Php 45,000 and agree to pay for it with 18 equal monthly payments at 1.5% interest per month on the unpaid balance. How much are your payments?
            
            
        Answers
                    Answered by
            mathhelper
            
    p( 1 - 1.015^-18)/.015 = 45,000
    
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