A company invests P10,000 today to be repaid in five years in one lump sum at 12% compounded annually. If the rate of inflation is 3% compounded annually, how much profit in present day pesos is realized over five years? | MATHalino

A company invests P10,000 today to be repaid in five years in one lump sum at 12% compounded annually. If the rate of inflation is 3% compounded annually, how much profit in present day pesos is realized over five years?

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