If money is worth 9.73% annually, what annual payment is required to raise ₱ 15,434 after 4 years?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 25P
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  • If money is worth 9.73% annually, what annual payment is required to raise ₱ 15,434 after 4 years?
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