Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3PB: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...
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You bought the newest gaming laptop for ₱500,000. You gave a downpayment of ₱75,000 in order to receive the item. You paid ₱100,000 after 1 year and ₱150,000 3 years after receiving the item. How much would you need to pay on the 5th year to completely pay off the item if interest is compounded at 12% per year? Show the cash flow diagram and use equation of values to solve for the requirement with year 4 as the focal date.
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