an electrical engineer desires to set up fund by making uniform monthly end of period deposits for a decade. The fund will provide 250000 php at the end of each of the last 3 yrs of the entire period . If the interest is 6% compounded monthly, what is the monthly payable?

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A: using financial calculator, N =15*2 =30 I/Y = 4/2 =2 PV = 0 FV = -60000

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.