What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 % ?

Civil Engineering Mcqs

What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 % ?

(A)  P 727.17

(B)  P 717.17

(C)  P 714.71

(D)  P 731.17



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