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ENG-6203
A man is left with an inherita...
A man is left with an inheritance from his father He has an option to receive P2 M at the end of 10 years; however he wishes to receive the money at the end of each year for 5 years If interest rate is 8%, how much would he receive every year?
P352, 53300
P200, 00000
P232, 02000
Correct
P400, 00000
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