a cash flow diagram of the problem below. Only cash flow diagram, I am not asking you to answer the problem just show me the correct cash flow diagram. Thanks in a

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Make a cash flow diagram of the problem below. Only cash flow diagram, I am not asking you to answer the problem just show me the correct cash flow diagram. Thanks in advance!!!

Q3. IEdeas signed a contract to lease a building at P60,000 a year with an annual increase of P1,000 a
year for 5 years. Payments are to be made at the end of each year, starting one year from now. If money
is worth 8%, what lump sum paid today is equivalent to the 5-year lease-payment plan?
Answer: P=246,935.03
Transcribed Image Text:Q3. IEdeas signed a contract to lease a building at P60,000 a year with an annual increase of P1,000 a year for 5 years. Payments are to be made at the end of each year, starting one year from now. If money is worth 8%, what lump sum paid today is equivalent to the 5-year lease-payment plan? Answer: P=246,935.03
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