3.) Find the cash price of a generator which was bought in installment basis that requires a down payment of P50,000 and payment of P50,000 after 2 years, another P40,000 3 yrs after that and a final payment of P80,000 4 years after the last payment made at a rate of 15% per annum. ANSWER: P159,848.0923

3.) Find the cash price of a generator which was bought in installment basis that requires a down payment of P50,000 and payment of P50,000 after 2 years, another P40,000 3 yrs after that and a final payment of P80,000 4 years after the last payment made at a rate of 15% per annum. ANSWER: P159,848.0923

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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