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Civil Engineering · Q205

Engineering Economics

Engineering and GATE · Civil Engineering · question 205

Q205

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
Answer
B.
P 20,113.57
C.
P 18,289.05
D.
P 16,892.34

Answer: Option A

Solution

Answer: Option A
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