A man paid 10% down payment of P2, 000,000 for a house and lot. If the rate of interest is 15% compounded monthly. What is the monthly installment if he agrees to pay the balance on monthly installment for 5 years

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.