monthly upposed you have a Php25,000 udget allotted for the purchase of lot vestment, which among these options is best o take for the purchase of Php1,000,000 lot? Which is the worst? PTION 1: 3-year amortization payment of hp33,215 @ 12%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Supposed you have a Php25,000 monthly
budget allotted for the purchase of lot
investment, which among these options is best
to take for the purchase of Php1,000,000 lot?
Which is the worst?
OPTION 1: 3-year amortization payment of
Php33,215 @ 12%
OPTION 2: 25-year amortization payment of
Php23,790 @ 15%
OPTION 3: 7-year amortization payment of
Php21,020 @ 18%
OPTION 4: 10-year amortization payment of
Php20.000 @ 21%
OPTION 5: 15-year amortization payment of
Php20,585 @ 24%
Attach a file showing AMORTIZATION TABLE of
the 5 options and answer the questions with
supporting arguments of why it is the best and
the worst option.
Transcribed Image Text:Supposed you have a Php25,000 monthly budget allotted for the purchase of lot investment, which among these options is best to take for the purchase of Php1,000,000 lot? Which is the worst? OPTION 1: 3-year amortization payment of Php33,215 @ 12% OPTION 2: 25-year amortization payment of Php23,790 @ 15% OPTION 3: 7-year amortization payment of Php21,020 @ 18% OPTION 4: 10-year amortization payment of Php20.000 @ 21% OPTION 5: 15-year amortization payment of Php20,585 @ 24% Attach a file showing AMORTIZATION TABLE of the 5 options and answer the questions with supporting arguments of why it is the best and the worst option.
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