Question: Due Dec 19, 2020 Module 2 Task 3 10 points VCO Med received a business proposal to finance a project that will cost P15, 000,

Due Dec 19, 2020 Module 2 Task 3 10 points VCO

Due Dec 19, 2020 Module 2 Task 3 10 points VCO Med received a business proposal to finance a project that will cost P15, 000, 000, with a projected cash inflow of P650, 000 per annum. If it is a company policy to only accept business proposal the cost of which can be recovered within ten (10) years, should the proposal be accepted? Justify your answer by showing your solution

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