Determine the present worth of a commercial space which requires P1,500,200 for original construction: P101,200 at the end of every year for the first 6 years and then P130,000 each year thereafter for operating expenses with interest at 6% compounded quarterly? 

Show complete solution and formula used. Provide a cash flow diagram. Write it legibly on a piece of paper.

Answer rating: 100% (QA)

P Present Value F Future Value i Interest Rate n Number o... View the full answer