ormasa Plastics has major fabrication plants in Manila and Pampanga. The president wants to know the equivalent future worth of ₱1 million capital investments each year for 8 years, starting 1 year from now. Formasa capital earns at a rate of 14% per year. Draw cash flow Diagram. Find the value of Future worth?
ormasa Plastics has major fabrication plants in Manila and Pampanga. The president wants to know the equivalent future worth of ₱1 million capital investments each year for 8 years, starting 1 year from now. Formasa capital earns at a rate of 14% per year. Draw cash flow Diagram. Find the value of Future worth?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Formasa Plastics has major fabrication plants in Manila and Pampanga. The president wants to know the equivalent future worth of ₱1 million capital investments each year for 8 years, starting 1 year from now. Formasa capital earns at a rate of 14% per year. Draw cash flow Diagram. Find the value of Future worth?
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