Question #28800

How much money should be invested today at 16% interset rate, that can provide the following scholarships:

- P30,000 at the end of each year for 6 years, P40,000 for the next 6 years, and P50,000 thereafter? Show the cash flow diagram.

- P30,000 at the end of each year for 6 years, P40,000 for the next 6 years, and P50,000 thereafter? Show the cash flow diagram.

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