A man's investment of P100,000 is expected to yield a regular income of P25,000 per year for 10 years. Determine the benefit cost ratio if money is worth 10% per annum.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 14EA: How much must be invested now to receive $30,000 for 10 years if the first $30.000 is received one...
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A man's investment of P100,000 is expected to yield a regular income of P25,000 per year
for 10 years. Determine the benefit cost ratio if money is worth 10% per annum.
Transcribed Image Text:A man's investment of P100,000 is expected to yield a regular income of P25,000 per year for 10 years. Determine the benefit cost ratio if money is worth 10% per annum.
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