Q212
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
AnswerC.
P 7,420.89
D.
P 7,590.12
Answer: Option B
Solution
Answer: Option B
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