A series of year end payments extending over eight years are as follows: P20,000 for the...

 

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A series of year end payments extending over eight years are as follows: P20,000 for the first year, P30,000 for the second year, P50,000 for the third year, and P40,000 for each year from the fourth through the 8th year. Find the equivalent annual worth of these payments if the annual interest is 8%. O P 32,987 98 O P 36,666.99 O P38,980.35 O P37,637,79 A series of year end payments extending over eight years are as follows: P20,000 for the first year, P30,000 for the second year, P50,000 for the third year, and P40,000 for each year from the fourth through the 8th year. Find the equivalent annual worth of these payments if the annual interest is 8%. O P 32,987 98 O P 36,666.99 O P38,980.35 O P37,637,79