Question
What is the present worth of two P100,000 payments at the end of the third and the fourth year? The annual interest rate is 8%.
What is the present worth of two P100,000 payments at the end of the third and the fourth year? The annual interest rate is 8%. Answer: P152.87 Show yours step by step solution with explaination.
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To find the present worth of future payments we can use the present value formula for a si...
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
