1. An alumnus of a certain university wants to provide a P250,000 research fellowship at the end of each year for the next five years. If the university can invest money at 8% effective, how much...

1. An alumnus of a certain university wants<br>to provide a P250,000 research fellowship<br>at the end of each year for the next five<br>years. If the university can invest money at<br>8% effective, how much should the man<br>give now to set up a fund for the<br>scholarship?<br>

Extracted text: 1. An alumnus of a certain university wants to provide a P250,000 research fellowship at the end of each year for the next five years. If the university can invest money at 8% effective, how much should the man give now to set up a fund for the scholarship?

Jun 09, 2022

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1. An alumnus of a certain university wants to provide a P250,000 research fellowship at the end of each year for the next five years. If the university can invest money at 8% effective, how much...

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