Yawi has a medium-size trucking company that distributes appliances within Metro Manila. Fuel consumption costs have been increasing 9% per year and this will behave up to 10 years. Yawi expects this year's cost to be P25,000. Find the equivalent present worth of the costs with an annual interest rate of 12%. The answer is nearest to PBlank 1. Do not use comma, round up your answer into WHOLE NUMBER, thus, no decimal point. Blank 1 Add your answer

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 8EB: Shonda & Shonda is a company that does land surveys and engineering consulting. They have an...
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Yawi has a medium-size trucking company that distributes appliances within Metro Manila. Fuel consumption costs have been
increasing 99% per year and this will behave up to 10 years. Yawi expects this year's cost to be P25,000. Find the equivalent present
worth of the costs with an annual interest rate of 12%.
The answer is nearest to PBlank 1.
Do not use comma, round up your answer into WHOLE NUMBER, thus, no decimal point.
Blank 1
Add your answer
Transcribed Image Text:Yawi has a medium-size trucking company that distributes appliances within Metro Manila. Fuel consumption costs have been increasing 99% per year and this will behave up to 10 years. Yawi expects this year's cost to be P25,000. Find the equivalent present worth of the costs with an annual interest rate of 12%. The answer is nearest to PBlank 1. Do not use comma, round up your answer into WHOLE NUMBER, thus, no decimal point. Blank 1 Add your answer
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