Q3. IEdeas signed a contract to lease a building at P60,000 a year with an annual increase of P1,000 a year for 5 years. Payments are to be made at the end of each year, starting one year from now. If...


Make a cash flow diagram of the problem below. Only cash flow diagram, I am not asking you to answer the problem just show me the correct cash flow diagram. Thanks in advance!!!


Q3. IEdeas signed a contract to lease a building at P60,000 a year with an annual increase of P1,000 a<br>year for 5 years. Payments are to be made at the end of each year, starting one year from now. If money<br>is worth 8%, what lump sum paid today is equivalent to the 5-year lease-payment plan?<br>Answer: P=246,935.03<br>

Extracted text: Q3. IEdeas signed a contract to lease a building at P60,000 a year with an annual increase of P1,000 a year for 5 years. Payments are to be made at the end of each year, starting one year from now. If money is worth 8%, what lump sum paid today is equivalent to the 5-year lease-payment plan? Answer: P=246,935.03

Jun 04, 2022
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