SUBJECT: ENGINEERING ECONOMICS (a) Identify the Given and the Unknown or what is being asked in the problem (b)Provide the formula to be used (c)Show the complete solution. The final answer is already provided. At 5% annual interest, what is the difference in the present and future value of P100 paid at the end of each year for 10 years and P100 paid at the beginning of each year? Answer: P value difference = P88.61, F value difference = P62.89

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 13EA: Jullo Company is considering the purchase of a new bubble packaging machine. If the machine will...
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SUBJECT: ENGINEERING ECONOMICS

(a) Identify the Given and the Unknown or what is being asked in the problem

(b)Provide the formula to be used

(c)Show the complete solution. The final answer is already provided.

At 5% annual interest, what is the difference in the present and future value of P100 paid at the end of each year for 10 years and P100 paid at the beginning of each year?

Answer: P value difference = P88.61, F value difference = P62.89 

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