Determine the present worth of the following cash flows based on an interest rate of 7.46% per year, compounded annually. Round off to two decimal places. End of Year 0 = Php 5944 End of Year 1 = Php 5552 End of Year 2 = Php 5460 End of Year 3 = Php 5731 End of Year 4 = Php 5119 End of Year 5 = Php 5665

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Determine the present worth of the following cash flows based on an interest rate of 7.46% per year, compounded annually. Round off to two decimal places.

End of Year 0 = Php 5944

End of Year 1 = Php 5552

End of Year 2 = Php 5460

End of Year 3 = Php 5731

End of Year 4 = Php 5119

End of Year 5 = Php 5665 

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