NCT builders plans to construct an additional building at the end of 10 years for an estimated costof P5,000,000. To accumulate the amount, it will
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NCT builders plans to construct an additional building at the end

of 10 years for an estimated costof P5,000,000. To accumulate the amount, it will have equal year end deposits in a fun earning 13%. However,at the end of 5thyear, it wasdecided to have alarger building that originally intended to an estimated cost of P8,000,000. What should be the annual deposit for the last 5 years?

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