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Deposit Investment Assignment | Homework For You

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The present worth of several cash payments may be defined as the sum of the values of the future cash payment discounted at a given rate for the corresponding period to the present. Find the present value of installment payment of P1,000 now, P2,000 at the end of 1st year, P3,000 at the end of 2nd year, P4,000 at the end of 3rd year and …

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