A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually ?

Civil Engineering Mcqs

A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually ?

(A)  P 142,999.08

(B)  P 143,104.89

(C)  P 142,189.67

(D)  P 143,999.08

Submitted By :Ali Uppal

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