Question: Suppose a geometric gradient begins with Php 1,000 at EOY one and decreases by 20% per year after the first year and the interest rate
Suppose a geometric gradient begins with Php 1,000 at EOY one and decreases by 20% per year after the first year and the interest rate is 25% per year.
a. determine the Present worth for four years under this condition.
b. Determine the Annual worth for four years under this condition.
c. Determine the Future worth for four years under this condition.
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