An investment of P100,000 is expected to yield a regular annual net income of P25000 for 10 years. Determine the benefit-cost ratio if money is worth 10% per annum.
An investment of P100,000 is expected to yield a regular annual net income of P25000 for 10 years. Determine the benefit-cost ratio if money is worth 10% per annum.
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 28P
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An investment of P100,000 is expected to yield a regular annual net income of P25000 for 10 years. Determine the benefit-cost ratio if money is worth 10% per annum.
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