Benbine receives P 45,000 in year one and it increases 4 % per year through...
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Accounting
Benbine receives P 45,000 in year one and it increases 4 % per year through year 4. a. Fill up the table for the amount he receives per year. End of Year Amount 1 2 3 b. If the general price inflation rate f) averaged 6% per year, what are the equivalents of the amounts in the table of part "a". Assume that the base time period is year one. End of Year Equivalent Amounts due to infiation 1 2 3 4
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