2. A company wants to know how much annual profit should they make and save for a major expansion in US worth Php1B due 20 years.• Help them make the calculation if money is worth 10%.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9EA: If you invest $12,000 today, how much will you have in (for further Instructions on future value in...
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2. A company wants to know how much annual profit should they
for a major expansion in US worth Php1B due
20 years. Help them make the calculation if money is worth
make and save
10%.
Transcribed Image Text:2. A company wants to know how much annual profit should they for a major expansion in US worth Php1B due 20 years. Help them make the calculation if money is worth make and save 10%.
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