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A small business purchased now for P50, 000 will lose P9, 600 each year for the first 4 years. An additional investment of P30, 000
A small business purchased now for P50, 000 will lose P9, 600 each year for the first 4 years. An additional investment of P30, 000 in the business will required at the end of the fourth year. After 15 years, the business can sold for P70, 000. What should be the profit each year from the fifth through the fiftieth year to obtain a rate of return of 25%.
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