Your friend asks you to help him determine the appropriate price to pay for an annuity offering a retirement income of P10,000 a
month for 10 years. Assume the interest rate is 6% compounded monthly. (Hint: Present Value)
1 answer:
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Step-by-step explanation:
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There are 28 desks and each is 26.17. The word "each" signifies multiplication. Formula - 26.17 x 28 or ; inches x desks
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If you would do this in whole number form, it'll be 40/7.
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