The rental of the office space in sm downtown will increase 8% in each of the four years, using the geometric gradient series, if the rate of interest is 6% per annum, how much must be set aside buy now to pay for the rental of the office at the end of each year for four years if the rental of the first year is P30,000?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The rental of the office space in sm downtown will increase 8% in each of the four years, using the geometric gradient series, if the rate of interest is 6% per annum, how much must be set aside buy now to pay for the rental of the office at the end of each year for four years if the rental of the first year is P30,000?

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