In: Accounting
An engineer buys a piece of lot for 250000 down
payment and 10 deferred semi-annual
payments of P20,000 each, starting 3 ½ years from now. What is the
present value of the
investment if the rate of interest is 11.5% compounded
quarterly?
*CASH FLOW Diagram Needed
the value of the investment will be P 355,595.43.
If you have any queries or didn't understand any step, please comment so that I can resolve your query.
Cash flow diagram: