Engr. Velasco decided to subscribe in a globe promo which must be paid one thousand pesos per month for five years. However, the payment will start three years after from today. If the payment is 8% compounded monthly. How much is the value of the money today? ANSWER: P = P38,826.1650
Engr. Velasco decided to subscribe in a globe promo which must be paid one thousand pesos per month for five years. However, the payment will start three years after from today. If the payment is 8% compounded monthly. How much is the value of the money today? ANSWER: P = P38,826.1650
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The Final answer should be P38,826.1650
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