Please solve using the Uniform Arithmetic Gradient formula. Find the equivalent annual payment of the following obligations at 20% interest rate. End of Year Payment 1 P 8,000 2 P 7,000 3 P 6,000 4 P 5,000
Please solve using the Uniform Arithmetic Gradient formula. Find the equivalent annual payment of the following obligations at 20% interest rate. End of Year Payment 1 P 8,000 2 P 7,000 3 P 6,000 4 P 5,000
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
Problem 1ST
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Please solve using the Uniform Arithmetic Gradient formula.
Find the equivalent annual payment of the following obligations at 20% interest rate.
End of Year Payment
1 P 8,000
2 P 7,000
3 P 6,000
4 P 5,000
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