36. A second hand motorcycle can be purchased by 5-end-of-month payments. The first payment would be Php 5000 and would increase by Php 500 every payment. Should a buyer opt to pay it at once rather than by installment, how much would it cost him if money is worth 6% O a. Php 27566.67 O b. Php 25437.88 O c. Php 28904.88 O d. Php 26589.85 O e. None of the above
36. A second hand motorcycle can be purchased by 5-end-of-month payments. The first payment would be Php 5000 and would increase by Php 500 every payment. Should a buyer opt to pay it at once rather than by installment, how much would it cost him if money is worth 6% O a. Php 27566.67 O b. Php 25437.88 O c. Php 28904.88 O d. Php 26589.85 O e. None of the above
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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