Abusinessman borrowed p3,000,000 with interest at the rate of 6% compounded annually. he agrees to discharge his obligations by paying a series of 6 annual payment, the first being due at the end of the fifth year. determine the value of his annual payment. a. 500,000 b. 770,222 c. 726,625 d. 600,000

we need the options

step-by-step explanation:

the correct option is 2.

step-by-step explanation:

according to the given information triangle abc is a right angle triangle with right angle at a. segment ab is 5 and segment ac is 7. point d is on segment bc and angles adb and adc are right angles.

it is given that triangles abd, cad, and cba are similar.

two triangles are similar if their corresponding sides are proportional.

in triangle cba, using pythagoras theorem

                      )

triangle abd and cba are similar,

                            (2)

triangle cad and cba are similar,

                      )

using (1), (2) and (3), we get

hence proved.

therefore option 2 is correct.