CA = Computed PV x (1 + EIR) - Nominal Interest
repeat this step nth times kung pang-ilang year hinahanap mo
Take for example:
You want to know the carrying amount of your Note Payable with five equal annual payments of 500, EIR: 12%, SR: 10% on it's 3rd year
Why stupid?
Imagine pinapasweldo kang 120k per month tapos yan na yon? Gets ko na bakit sobrang galit mga taga private sa government employees. Hindi talaga makatarungan na ung ganitong utak ang pinapasweldo mo ng ganyan kalaki.