Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

P 7,654.04
P 7,731.29
P 7,590.12
P 7,420.89

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Engineering Economics
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

2890
2.59
2712
2632

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