A businessman borrowed P 50,000 today from bank with interest rate of 8% compounded quarterly repayable in equal quarterly installment for 10 years. Payments made at the end of each quarter.  Find the quarterly payment.

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A: Capital budgeting comes under the domain of corporate finance. The accounting and finance principal…

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A: Interest per $100= (finance charged/ amount financed)*100  (2806/5000)*100  = 56.12

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A: Answer : Direct material cost = 80,000 * $4 = $320,000 Direct labor cost = 80,000 * $10 = $800,000…

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