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Show Detailed Solution 357. A marketing company established a program to replace the cars of its sales representatives at the end of every 5 years.

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357. A marketing company established a program to replace the cars of its sales representatives at the end of every 5 years. If the present price of the approved type of car is P52000000 with a resale value at the end of 5 years of 60% its present value, how much money must the company accumulate for 5 years if inflation annually is 10%. Release value will also appreciate at 10% yea rly. - A. P120.28g.51 - B. P11029727 - C. P12938238 - D. P12226569 358. In year zero. you invest P10.000.00 in a 15% security for 5 years. During that time. the average annual ination is 6%. How much. in terms of year zero will be in the account atmaturity? - A. P1538600 - 8. P1338200 - C. P1503000 - D. P1865300

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