Diego deposited P1,000,000 on a bank that earns 20% compounded annually. Five years later, he decided to

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Diego deposited P1,000,000 on a bank that earns 20% compounded annually. Five years later, he decided to give to the orphanage the money in perpetuity a year after this. How much is the yearly fund the orphanage will be receiving?

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Diego deposited P1,000,000 on a bank that earns 20% compounded annually. Five years later, he decided to

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