Assume that Linda Company is to make an investment of uneven cash payments for three years as follows: End of year 1 - P 200,000 End of year 2 - P300,000 End of year 3 - P100,000 The interest for these investments was pegged at 10%. The investments are made every year end. What is the future value of these uneven cash payments?
Assume that Linda Company is to make an investment of uneven cash payments for three years as follows: End of year 1 - P 200,000 End of year 2 - P300,000 End of year 3 - P100,000 The interest for these investments was pegged at 10%. The investments are made every year end. What is the future value of these uneven cash payments?
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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Assume that Linda Company is to make an investment of uneven cash payments for three years as follows:
End of year 1 - P 200,000
End of year 2 - P300,000
End of year 3 - P100,000
The interest for these investments was pegged at 10%. The investments are made every year end. What is the
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