Sergio Morales will buy new medical equipment for his Dental clinic, the equipment will be paid for through a down payment of Q5,000 and monthly dues of Q4,000.00. If the total in installments that you will pay to the supplier is Q 72,000. Determine the cash value of the equipment, if the rate charged is 3% per month.
to. 45,230.21
b. 48,556.90
c. 33,876.12
d. 60,014.05
and. None of the above.