A businessman invested to a medium scale business with a net annual return of P 50,000 each year for 5 years. Compute the amount of invested money if the annual interest is 7% and the benefit-ratio is 1.20.     a. P12,148.00 b. P12,841.00 c. P12,418.00 d. P11,418.00

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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A businessman invested to a medium scale business with a net annual return of P 50,000 each year for 5 years. Compute the amount of invested money if the annual interest is 7% and the benefit-ratio is 1.20.

 


 

a.

P12,148.00

b.

P12,841.00

c.

P12,418.00

d.

P11,418.00

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