A series of cash flows are established on an account as listed below. Payment of P5,854 at the end of the 3rd, 5th, 7th and 8th year at an interest rate of 8.95%compounded monthly . Withdrawal of P4,736 at the end of 5th, and 8th year at an interest rate of 8.36% compounded semi-annually. What is the net present worth of all the obligations
A series of cash flows are established on an account as listed below. Payment of P5,854 at the end of the 3rd, 5th, 7th and 8th year at an interest rate of 8.95%compounded monthly . Withdrawal of P4,736 at the end of 5th, and 8th year at an interest rate of 8.36% compounded semi-annually. What is the net present worth of all the obligations
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A series of cash flows are established on an account as listed below.
Payment of P5,854 at the end of the 3rd, 5th, 7th and 8th year at an interest rate of 8.95%compounded monthly . Withdrawal of P4,736 at the end of 5th, and 8th year at an interest rate of 8.36% compounded semi-annually.
What is the net present worth of all the obligations
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