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

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Engineering Economics
Which is true about corporation?

The minimum number of incorporators to start a corporation is three.
It is worse type of business organization.
Its life is dependent on the lives of the incorporators.
The stock holders of the corporation are only liable to the extent of their investments.

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