Answered: 2. The present value of an annuity of…

2. The present value of an annuity of "P" pesos payable annually for 8 years, with the first payment at the end of 10 years, is P187,481.25. Find the value of "P" if money is worth 5%

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Question

2. The present value of an annuity of "P"
pesos payable annually for 8 years, with
the first payment at the end of 10 years,
is P187,481.25. Find the value of "P" if
money is worth 5%

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