Assume the following annual payments of notes payable of Demi Company with 10% discount rate. 1st Year - P300,000 2nd Year - P200,000 3rd Year - P400,000 What is the present value of the annual payments?
Assume the following annual payments of notes payable of Demi Company with 10% discount rate. 1st Year - P300,000 2nd Year - P200,000 3rd Year - P400,000 What is the present value of the annual payments?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 29P
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Assume the following annual payments of notes payable of Demi Company with 10% discount rate.
1st Year - P300,000
2nd Year - P200,000
3rd Year - P400,000
What is the present value of the annual payments?
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