Engineering Economics
A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments.

P 43,263.91
P 43,489.47
P 43,763.20
P 43,600.10

ANSWER DOWNLOAD EXAMIANS APP