Revenue from the sale of ergonomic hand tools was P300,000 in years 1 through 4 and P465,000in years 5 through 9. Determine the equivalent annual revenue in years 1 through 9 at an interestrate of 10% per year.a. P437181O b. P473181Oc. P347181O d. P374181

Sales; Year 1-4 = P300,000 Year 5-9 = P465,000 Interest rate = 0.10 Period = 9 years Present value…

Answered: Revenue from the sale of ergonomic hand…

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

Section: Chapter Questions

Problem 1PS

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Revenue from the sale of ergonomic hand tools was P300,000 in years 1 through 4 and P465,000 in years 5 through 9. Determine the equivalent annual revenue in years 1 through 9 at an interest rate of 10% per year. O a. P437181 O b. P473181 Ос. Р347181 O d. P374181