Cardo Dalisay deposited P1,000, P1,500, and P2,000 at the end of the 2nd year, 3rd year, and 4th year, respectively in a savings account which earned 10% per annum. What is the equivalent deposit for the uniform gradient only? Cardo Dalisay deposited P1,000, P1,500, and P2,000 at the end of the 2nd year, 3rd year, and 4th year, respectively in a savingsaccount which earned 10% per annum. What is the equivalent deposit for the uniform gradient only?O P690.58O P670.81O P660.53O P680.12

Given Information Cardo Dalisay Deposits At the end of 2nd year=P1000 At the end of 3rd year=P1500…

Cardo Dalisay deposited P1,000, P1,500, and P2,000 at the end of the 2nd year, 3rd year, and 4th year, respectively in a savings account which earned 10% per annum. What is the equivalent deposit for the uniform gradient only? O P690.58 O P670.81 O P660.53 O P680.12

Cardo Dalisay deposited P1,000, P1,500, and P2,000 at the end of the 2nd year, 3rd year, and 4th year, respectively in a savings account which earned 10% per annum. What is the equivalent deposit for the uniform gradient only? O P690.58 O P670.81 O P660.53 O P680.12

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Cardo Dalisay deposited P1,000, P1,500, and P2,000 at the end of the 2nd year, 3rd year, and 4th year, respectively in a savings
account which earned 10% per annum. What is the equivalent deposit for the uniform gradient only?
O P690.58
O P670.81
O P660.53
O P680.12

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