Company B offers P160,000 at t he end of 3 years plus P400,000 at the end 5
Fantastic news! We've Found the answer you've been seeking!
Question:
Company B offers P160,000 at t he end of 3 years plus P400,000 at the end 5 years. Company B offers P35,000 at the end of each quarter for the next 5 years. Assume that money is worth 9% compounded semi-annually. Which offer has a better market value? Use focal date at the start of the term.
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date: