What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually ?

Civil Engineering Mcqs

What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually ?

(A)  P 7,654.04

(B)  P 7,731.29

(C)  P 7,420.89

(D)  P 7,590.12



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