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Solution: Find the present worth of a future payment of P100,000 to be made in 10 years

(Last Updated On: December 8, 2017)

Find the present worth of a future payment of P100,000 to be made in 10 years

Problem Statement: ECE Board April 1999

Find the present worth of a future payment of P100,000 to be made in 10 years with an interest of 12% compounded quarterly.

  • A. P30,444.44
  • B. P33,000.00
  • C. P30,655.68
  • D. P30,546.01

Problem Answer:

The present worth of a future payment of P100,000 to be made in 10 years is P30,655.68.

Solution:

Solution: Find the present worth of a future payment of P100,000 to be made in 10 years

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