Answer to Question #329547 in Mechanical Engineering for Jhonny

Question #329547

3.) A machine costs P20,000 today. If inflation rate is 6% per year and interest is 10% per

year, what will be the appropriate future value of the machine, adjusted for inflation, in

five years?


1
Expert's answer
2022-04-18T22:42:03-0400

if = 0.10 + 0.06 + (0.10)(0.06) = 0.166 or 16.6%

F = 20 000(F/P, if%, 5)


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