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In return for payment of P5000 at the end of 4 years and P8500 at the end of 9 years, a man agrees to pay
In return for payment of P5000 at the end of 4 years and P8500 at the end of 9 years, a man agrees to pay P1000 at once and P3000 at the end of 6 years and two equal payments at the end of 8 years and 10 years, respectively. Find how much each payment is if money is worth 18% compounded semi-annually.
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To solve this problem we can use the concept of present value which is the current value of a future ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
