6. The car of your dreams costs P 2000000 today. You have found a way to earn 15% tax free on an automatic purchase account. If you expect the cost of your dream car to increase by 10% per year, how...

Extracted text: 6. The car of your dreams costs P 2000000 today. You have found a way to earn 15% tax free on an automatic purchase account. If you expect the cost of your dream car to increase by 10% per year, how much would you need to deposit in the automatic purchase account to provide for the purchase of the car 5 years from now? A. P 1601416 B. P 2497789 C. P 4022714 D. P 994353