Mr. Limpiado received two offers ona lot that he wants to sell. First Offer:Php 20,000 down payment and aPhp 800,000 lump sum payment 6years from now. Second Offer: Php25,000 down payment plus Php30,000 every quarter for 6 years.Both money earns at 6.5%compounded annually. What is thefair market value of the 2nd offer ifthe focal date is at the start of theterm? *O A. Php 619, 897.79O B. Php 610, 945.79O C. Php 583, 499.79O D. Php 574, 598.79 Mr. Limpiado received two offers ona lot that he wants to sell. First Offer:Php 20,000 down payment and aPhp 800,000 lump sum payment 6years from now. Second Offer: Php25,000 down payment plus Php30,000 every quarter for 6 years.Both money earns at 6.5%compounded annually. What is thefair market value of the 1st offer ifthe focal date is at the start of theterm? *O A. Php 604, 627.30O B. Php 596, 248.30O C. Php 568, 267.30O D. Php 542, 478.30

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Mr. Limpiado received two offers on a lot that he wants to sell. First Offer: Php 20,000 down payment and a Php 800,000 lump sum payment 6 years from now. Second Offer: Php 25,000 down payment plus Php 30,000 every quarter for 6 years. Both money earns at 6.5% compounded annually. What is the fair market value of the 1st offer if the focal date is at the start of the term?*

Mr. Limpiado received two offers on a lot that he wants to sell. First Offer: Php 20,000 down payment and a Php 800,000 lump sum payment 6 years from now. Second Offer: Php 25,000 down payment plus Php 30,000 every quarter for 6 years. Both money earns at 6.5% compounded annually. What is the fair market value of the 1st offer if the focal date is at the start of the term?*

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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