A.)A person buys a piece of lot and paid P300,000 as down payment and 10 deferred semi annual payments of P10,000 each starting two years from now . What is the present value of the investment if the rate is 12% compounded semi annually.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....
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A.)A person buys a piece of lot and paid P300,000 as down payment and 10 deferred semi annual payments of P10,000 each starting two years from now . What is the present value of the investment if the rate is 12% compounded semi annually.
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