A certain lot appreciates every five years by ₱81,000.00.If the lot cost ₱900,000.00 in 1995,how much will its value be in 2025?
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Answer:
P1,386,000
Step-by-step explanation:
n=6
a1 = P900, 000
r= P81, 000
Formula: an = a1+ (r) (n)
an = P900, 000+ (81,000)(6)
an = P900, 000 +(486,000)
an = P1,386,000
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