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2. If Php 10,000 is deposited each year for 9 years, how much annuity can a person get annually from the bank every 8
2. If Php 10,000 is deposited each year for 9 years, how much annuity can a person get annually from the bank every 8 years starting 1 year after the 9th deposit is made. Cost of money is 14%.
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
16th edition
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