how much does he need to pay quarterly?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 12E
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A man bought an equipment worth P207.854 payable in 20 quarterly payments, each installment payable at the beginning of each period. If the rate of interest is 16.674% compounded bimonthly. how much does he need to pay quarterly?
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