Mathematics, 12.01.2021 19:20 katiedurden02
A dentist clinic is earning a net monthly income of P35 000 with fixed expenses of P20 000. The clinic acquired a new machine worth P270 000 and plans to pay 25% advance payment and the balance by quarterly amortization for 5 years. If money is worth 5% compounded quarterly, find the following: (with solution)
a. Quarterly Amortization
b. Disposable Income per quarter
c. Net income per quarter
Answers: 3
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A dentist clinic is earning a net monthly income of P35 000 with fixed expenses of P20 000. The clin...
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