In 5 years, P18,000 will be needed to pay for a building renovation. In order to generate this sum, consisting of three annual payments is established now. For tax purpose, no further payments will be...


In 5 years, P18,000 will be needed to pay for a building renovation. In order to generate this sum, consisting of three annual payments is established now. For tax purpose, no further payments will be made after three years. What payments are necessary if money is worth 15% per annum?



a.
P3, 919.54


b.
P3, 809.54


c.
P3, 909.54


d.
P3,819.54



Jun 09, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here