PROBLEM VI. A new equipment costing Php800,000 with five years useful life, and Php40,000 residual at the end of five years, is expected to bring the following cash inflows, after tax:

Year Net cash inflow 01 Php350,000 02 300,000 03 250,000 04 150,000 05 80,000 Required: a. Determine the discounted rate of return.

PROBLEM VI. A new equipment costing Php800,000 with five years useful life, and Php40,000 residual at the end of five years, is expected to bring the following cash inflows, after tax: Year Net cash inflow 01 Php350,000 02 300,000 250,000 150,000 05 80,000 03 04 Required: a. Determine the discounted rate of return