Multiple Choice Question: A person buys a piece of property for P100,000 down payment and ten deferred semi-annual payments of P8,000 each starting three years from now.

A person buys a piece of property for P100,000 down payment and ten deferred semi-annual payments of P8,000 each starting three years from now. What is the present worth of the investment if the rate of interest is 12 percent compounded semi-annually?

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More Old MCQ

Orphaned Multiple Choice Questions (MCQ) due to changes of exam system.

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