show solution

Daphne plans to buy an item for her project. She plans to pay PHP 100 for the first month, PHP 150 for the second month, PHP 200 for the third, PHP 250 for the fourth and PHP 300 for the last month of payment. If the interest rate is 2% per month, and Daphne was asked to pay by a constant 15% increase per month. Determine the present value of the item. A 695.67 B) 632.11 933.36 D) 770.23 Question 23 3 Points Refining machine has been acquired at PHP 100,000 expected to be useful for 10 years, and would have a salvage value of PHP 1,500 by then what is the depreciation cost per year (t) of the machine, what is the book value of the machine at the end of year 5 using the sum of the Year's digit method. A 28,654 B) 50,000 10,765 D 71,636