What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually ?

Civil Engineering Mcqs

What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually ?

(A)  P 1,290.34

(B)  P 1,185.54

(C)  P 1,107.34

(D)  P 1,205.74



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