Use the following 8% interest rate factors for this question. Period 1 2 3. 4 Future...
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Use the following 8% interest rate factors for this question. Period 1 2 3. 4 Future Value of PI 1.08 1.17 1.25 1.36 .C. The Lady Company has P150,000 in a bank account as of December 31, 2003. If the company plans to deposit P8,000 in the account at the end of each of the next 3 years (20X2, 20X3, and 20X4), and all amounts in the account earn 8% per year, what will the account balance be at December 31, 20X4? Ignore the effect of income taxes. a. P174,000 b. P176,000 d. Future Value of Annuity of Pl P192,140 P215,000 1.00 2.08 3.25 4.51 Use the following 8% interest rate factors for this question. Period 1 2 3. 4 Future Value of PI 1.08 1.17 1.25 1.36 .C. The Lady Company has P150,000 in a bank account as of December 31, 2003. If the company plans to deposit P8,000 in the account at the end of each of the next 3 years (20X2, 20X3, and 20X4), and all amounts in the account earn 8% per year, what will the account balance be at December 31, 20X4? Ignore the effect of income taxes. a. P174,000 b. P176,000 d. Future Value of Annuity of Pl P192,140 P215,000 1.00 2.08 3.25 4.51
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