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