What is the accumulated value of a payment of P12,500.00 at the end of each year for 9 years with interest at 5% compounded annually? a.) P187,833.50 b.) P178,338.50 c.) P138,738.05 d.) P137,832.05
What is the accumulated value of a payment of P12,500.00 at the end of each year for 9 years with interest at 5% compounded annually? a.) P187,833.50 b.) P178,338.50 c.) P138,738.05 d.) P137,832.05
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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engineering economy (multiple choice)
2.) What is the accumulated value of a payment of P12,500.00 at the end of each year for 9 years with interest at 5% compounded annually?
a.) P187,833.50
b.) P178,338.50
c.) P138,738.05
d.) P137,832.05
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