P = 600,000(0.10)(P/F,10%,2) + 1,350,000(0.10)(P/F,10%,5) = 60,000(0.8264) + 135,000(0.6209) = $133,406
What will be an ideal response?
P = 12,000(P/A,10%,9)(P/F,10%,1)
= 12,000(5.7590)(0.9091)
= $62,826
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