1. A loan is being handed out in multiple increasing semi-annual releases. The first release is P50,000 and the last transfer to be P90,000 for 10 years. What is the present worth of the loan if money is worth 6%? 2. A machine has an initial cost of P50,000 and has a salvage value of P10,000 after 1O years. Find the book value using the straight-line method.

1. A loan is being handed out in multiple increasing semi-annual releases. The first release is P50,000 and the last transfer to be P90,000 for 10 years. What is the present worth of the loan if money is worth 6%? 2. A machine has an initial cost of P50,000 and has a salvage value of P10,000 after 1O years. Find the book value using the straight-line method.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 28P

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