present worth of the following cash flows based on an interest rate of 7.23% per year, compounded annually. Round off to two decimal places. End of Year 0 = Php 5930 End of Year 1 = Php 5181 End of Year 2 = Php 5734 End of Year 3 = Php 5458 End of Year 4 = Php 57

Cornerstones of Cost Management (Cornerstones Series)
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ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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Chapter19: Capital Investment
Section: Chapter Questions
Problem 19E
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Determine the present worth of the following cash flows based on an interest rate of 7.23% per year, compounded annually. Round off to two decimal places. End of Year 0 = Php 5930 End of Year 1 = Php 5181 End of Year 2 = Php 5734 End of Year 3 = Php 5458 End of Year 4 = Php 5719 End of Year 5 = Php 5923
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