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Mrs. Cora Tan makes a series of uniform investment of 100,000 pesos for 5 years starting today. He will be receiving the return of his
Mrs. Cora Tan makes a series of uniform investment of 100,000 pesos for 5 years starting today. He will be receiving the return of his investment in 3 uniform staggered payments starting 6 years after the last payment year. If money is worth 8% compounded annually, find the following.
1. Cash flow diagram of the given problem.
2. The worth of investment right after the 5th investment payment.
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