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Jojo and Jill bought a condominium unit worth Php15,550,000. They made a down payment of...

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Accounting

Jojo and Jill bought a condominium unit worth Php15,550,000. They made a down payment of 30% and the balance was loaned from a bank at the rate of 5.75% per annum compounded monthly. How much should they pay at the end of each month for 20 years?

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