WHAT WILL BE THE FUTURE WORTH OF MONEY AFTER 6 MONTHS, IF THE SUM OF P100,000 IS INVESTED TODAY AT SIMPLE INTEREST RATE OF 5% PER YEAR? O a. P120,500.00 O b. P102,510.00 O C. P102,500.00 O d. P102,050.00

WHAT WILL BE THE FUTURE WORTH OF MONEY AFTER 6 MONTHS, IF THE SUM OF P100,000 IS INVESTED TODAY AT SIMPLE INTEREST RATE OF 5% PER YEAR? O a. P120,500.00 O b. P102,510.00 O C. P102,500.00 O d. P102,050.00

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

WHAT WILL BE THE FUTURE WORTH OF MONEY AFTER 6 MONTHS, IF THE SUM OF P100,000 IS
INVESTED TODAY AT SIMPLE INTEREST RATE OF 5% PER YEAR?
O a. P120,500.00
O b.
P102,510.00
O c.
P102,500.00
O d. P102,050.00

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