question archive Bertholdt Corporation offers Php 150,000 at the end of 3 years plus Php 300,000 at the end of 5 years
Subject:AccountingPrice:2.84 Bought3
Bertholdt Corporation offers Php 150,000 at the end of 3 years plus Php 300,000 at the end of 5 years. Reiner Group of Companies offers Php 25,000 at the end of each quarter for the next 5 years. Assume that money is worth 8% compounded annually. which offer has a better market value? A. Bertholdt Corporation with Php 150,000 at the end of 3 years and Php 300,000 at the end of 5 years. B. Reiner Group of Companies with Php 25,000 at the end of each quarter for the next 5 years.
Purchased 3 times