6. Dracaris Inc. purchased an investment and expected to earn: Year Net Cash Flows Php250 Php300 1 3 Php450 Php900 TV

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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please do not use excel function/formula in solving this, I need a manual and whole computation and solution

6. Dracaris Inc. purchased an investment and expected to earn:
Net Cash Flows
Php250
Php300
Year
Php450
Php900
3
TV
Assuming a 10% discount factor, how much is the net present valun
based on the foregoing question, considering an additional investment
is Php1,000?
a. Php489
b. Php580
c. Php1,000
d. Php1,489
Transcribed Image Text:6. Dracaris Inc. purchased an investment and expected to earn: Net Cash Flows Php250 Php300 Year Php450 Php900 3 TV Assuming a 10% discount factor, how much is the net present valun based on the foregoing question, considering an additional investment is Php1,000? a. Php489 b. Php580 c. Php1,000 d. Php1,489
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