A small gold mine yielded an equipment of Php. 500,00.00 during its first year of operation. Php 460,000.00 on its second year, and amount decreasing by Php. 40,000.00 every year, what is its equivalent annual yield if interest rate is 10%?

for the given cash flow A=$11000 ,the value V13 at year 13is

ENG. ECONOMY 1. Consider the following problem, How much must be paid on the due date June 26, 2010, on a loan of Php. 35,000.00 made on December 26, 1989 with interest rate of 4 ½ % converted semi annually 2. Create two alternative plans using the data from the 1st problem this time it will be annually. • a. Plan 1: A principal payment of Php. 2,000 and interest every period. • b. Plan 2: Pay the principal and interest in one payment at the end of the year. • c. Explain which of the plan will be the best option for the borrower, will the borrower have equal basis if choose any of the payment options