What annuity ou period at 8% int equivalent to a of P100.000?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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What annuity over a 10 year
period at 8% interest is
equivalent to a present worth
of P100,000?
Transcribed Image Text:What annuity over a 10 year period at 8% interest is equivalent to a present worth of P100,000?
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