In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity ?

Civil Engineering Mcqs

In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity ?

(A)  P 15,030.03

(B)  P 20,113.57

(C)  P 18,289.05

(D)  P 16,892.34

Submitted By :Ali Uppal

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