Answered: machine cost P 20,000 today. If the…

machine cost P 20,000 today. If the inflation is 6% per year and interest is 10% per year, what will be the appropriate future value of the machine adjusted

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A machine cost P 20,000 today. If the inflation is 6% per year and interest is 10% per year, what will be the appropriate future value of the machine adjusted for inflation in 5 years? (don't use excel)

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